Ex-dividend stocks reduce FTSE optimism

The FTSE 100 Index gave up another 40 points today after a clutch of stocks went ex-dividend and an update from a US tech giant knocked confidence.

Ex-dividend stocks reduce FTSE optimism
Wed, 11 Aug, 2004 - 18:46

The FTSE 100 Index gave up another 40 points today after a clutch of stocks went ex-dividend and an update from a US tech giant knocked confidence.

Market heavyweights Shell and BP were among those to go ex-dividend – meaning investors lose the right to the latest payout – as the Footsie continued its recent volatile run to close 38.7 lower at 4312.2.

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