The FTSE 100 moved 0.37%, or 27.31 points, lower to finish at 7,374.83.
London’s markets dropped as sentiment was knocked by another rise in UK and US bond yields, with the FTSE 100 closing at its lowest level for almost two months.
“Sentiment has stabilised a touch in the afternoon session as yields retreated from their intraday highs, and while the Dax and FTSE 100 have struggled, the CAC 40 edged into positive territory, making it very mixed session for European stocks.” In company news, Vistry stumbled following its warning over weaker demand in the housing market, as it also confirmed plans to shed around 200 jobs from the merger of two divisions.Keller Group shares lifted sharply after it hiked its full-year earnings outlook on the back of a strong showing for its North American business.
Shares rose 78p to 1,587p after it said it would be pay 385 million dollars in relation to the settlement and confirmed it would see higher revenues over the latest quarter.
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