Spirax led the downward momentum as shares in the valve manufacturer plummeted following a lackluster financial forecast. This disappointment served as a catalyst for wider market anxiety, pulling the index deeper into negative territory.
Legal & General mirrored this decline, acting as a bellwether for a broader selloff within the insurance sector. The insurer faced significant pressure after receiving multiple broker downgrades, leaving investors to weigh the impact of shifting analyst sentiment against the current economic climate.
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