28.08.202513:44:41UTC+00UK Stocks Edge Lower

The FTSE 100 index experienced a slight decline, settling around 9,230 on Thursday afternoon. This downturn was influenced by mixed results from Nvidia and a series of ex-dividend actions. Despite Nvidia reporting record sales for the first half of the year driven by robust AI performance, its primary data center segment, which constitutes 89% of its revenue, fell short of expectations. Among the stocks, Aviva, Croda, LondonMetric, Auto Trader, and Games Workshop witnessed declines as their shares went ex-dividend. On the FTSE 250, Drax dropped more than 8% following the announcement that the UK financial regulator has launched an investigation into its biomass pellet sourcing practices. Conversely, JD Sports Fashion, Diageo, Rentokil, and WPP saw gains, buoyed by their strong presence in the US market. Additionally, mining companies Anglo American and Rio Tinto achieved modest increases, advancing between 1% to 3%.