Utilities shares sink as investors weigh surprise general election
London-listed utilities shares sank on Thursday as investors digested the looming general election.
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London-listed utilities shares sank on Thursday as investors digested the looming general election.
Drax Group was struggling at the bottom of the pile on a down day for the second-tier index.
London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.
As the global rally cools, the UK's FTSE 100 is poised for a subdued opening, reflecting a cautious sentiment that mirrors broader market trends. Amid these conditions, investors might consider the stability offered by top dividend stocks, which can provide potential income in fluctuating markets and serve as a buffer against economic uncertainties.
Drax Group plc (GB:DRX) has released an update. Drax Group PLC has announced a change in the calculation methodology for cash equity positions, whi...