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(Reuters) – The UK's FTSE 100 yielded Thursday after disappointing results from Centrica's energy supplier and defense company BAE Systems, while online real estate agent Purplebricks has lost more than a third of its shares. value after the reduction of its revenue goal.
The FTSE 100 was down 0.3% and the FTSE 250 down 0.1% at 0837 GMT. Both indices lagged behind their European peers.
Centrica slid 11% to its lowest level in nearly 16 years after announcing that a national energy price cap would affect its 2019 results.
BAE Systems fell 6% after announcing that the measures taken by the Germans to block exports to Saudi Arabia could jeopardize its key agreements with Riyadh and weigh on its financial results and relationships.
Purplebricks, an online real estate agent listed on the AIM, has dropped nearly 40% after lowering its revenue forecast for the year and announcing the departure of key leaders from its British and US units.
The decline in the FTSE 100 came despite the optimism of Asia, where equities rose as the US Federal Reserve affirmed its "patient" stance on further interest rate hikes and the announcement of the China and the United States of an agreement ending their conflict.
The mining sectors were the main impediments of the main stock market, copper prices having fallen slightly due to the strength of the dollar.
However, Barclays outperformed the index and rose 4.5%, while profits from its investment bank under pressure rose.
Recruiter Hays slipped 8% at the bottom of the mid-cap index after warning that his overall growth rate would be affected due to the lower number of contract expansions on his larger market, the company said. # 39; Germany.
Just Eat slipped nearly 3% after a Financial Times report that Uber would cut food delivery costs in the UK and Ireland.
Playtech money game software developer jumped 6% after announcing a share buyback and led to an increase in its core earnings for 2019.
(Report by Shashwat Awasthi and Muvija M in Bengaluru, edited by Alison Williams)
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