FTSE 100 Falls from Record
2025-11-06 12:24
By
Agna Gabriel
1 min. read
The FTSE 100 fell more than 0.5% on Thursday, after closing at a record level on Wednesday, as mixed earnings weighed on sentiment following the Bank of England’s policy decision.
The BoE held rates at 4% in a razor-thin vote, signaling that a December cut is possible if inflation continues to ease.
Hikma Pharmaceuticals dropped over 13% on reduced medium-term guidance tied to supply chain challenges, and Smith & Nephew tumbled more than 11% after a minor revenue miss.
Diageo fell more than 6% after lowering its outlook due to weak trends in China and the US.
While Citi said quarterly sales beat expectations, its softer forecast and concerns about near-term growth overshadowed the positives.
On the upside, IMI was among the best performers, jumping about 4.3% after reaffirming guidance, while Auto Trader rose nearly 3% on strong first-half results.
AstraZeneca added 2.8% after reporting record quarterly revenue.