The downward momentum for the index was largely dictated by AstraZeneca, which weighed heavily on the benchmark following underwhelming data from a late-stage clinical trial. While the blue-chip index struggled to find footing, the midcap FTSE 250 managed a marginal gain of 0.1 percent, suggesting a divergence in sentiment between top-tier multinationals and smaller domestic firms as the trading day progressed.
AstraZeneca Stumbles as FTSE 100 Dips on Geopolitical Jitters
Geopolitical friction in the Middle East sent London's blue-chip index sliding on Thursday, compounded by a sharp decline in pharmaceutical giant AstraZeneca. The FTSE 100 dropped 0.6 percent to 10,417.63 points by mid-morning, reflecting a broader investor retreat from risk as regional instability continues to rattle global markets.





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