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FTSE 100 slips as oil majors, Diageo stumble

Published 06/09/2019, 08:36
Updated 06/09/2019, 08:40
© Reuters.  FTSE 100 slips as oil majors, Diageo stumble
UK100
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DGE
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SHI
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FTMC
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BKGH
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100, FTSE 250 down 0.2%

* Homebuilder Berkeley up after trading update

* Supplier SIG drops after cautious stance on construction

Sept 6 (Reuters) - London's blue-chip shares dipped on

Friday with losses led by oil majors and Diageo after a double

rating downgrade, while investors were cautious ahead of key

U.S. jobs data that would give further clarity on the health of

the world's biggest economy.

The FTSE 100 index .FTSE dipped 0.2% by 0711 GMT. The FTSE

250 midcap bourse .FTMC was also down by the same level,

pressured by building materials supplier SIG SHI.L , which

slumped nearly 7% after cautious comments on construction

activity. Spirits company Diageo DGE.L was among the biggest drags

on the main index, slipping 1% after Socgen cut its rating on

the stock to sell from buy. Homebuilder Berkeley BKGH.L rose

1.7% after pointing to "robust" market conditions in London and

the South East of England despite Brexit uncertainties.

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