FTSE 100 Down 0.8%; AstraZeneca Tanks Nearly 10%

UK’s FTSE 100 drifted lower Thursday morning, extending prior-session losses, pressured by weakness in healthcare, energy, and consumer goods. Financials/bank and mining stocks partially offset the decline, moving higher in positive territory. Overall read-through is a mildly negative, sector-mixed tape rather than a single stock- or policy-driven catalyst.

Analysis

UK’s FTSE 100 drifted lower Thursday morning, extending prior-session losses, pressured by weakness in healthcare, energy, and consumer goods. Financials/bank and mining stocks partially offset the decline, moving higher in positive territory. Overall read-through is a mildly negative, sector-mixed tape rather than a single stock- or policy-driven catalyst.