Greencore and Aryzta shares drop as European markets go into reverse

Irish Times | Aug 13, 2020 at 8:00 PM
  • European stocks broke a four-day winning streak on Thursday as investors mulled the stalemate in US stimulus negotiations.
  • Some heavyweight stocks trading ex-dividend and a stronger sterling hit the UK’s blue-chip companies, while investors sold off banks and energy stocks that have outperformed this week..
  • The FTSE 100 slid 1.5 per cent as a jump in sterling hurt exporters on the index, while heavyweights such as AstraZeneca, BP, and GlaxoSmithKline traded without entitlement to a dividend pay-out, hitting their shares.