FTSE 100 Down 0.8%; AstraZeneca Tanks Nearly 10%

The UK stock market’s benchmark index FTSE 100 drifted lower Thursday morning, extending losses from the previous session, weighed down by losses in healthcare, energy and consumer goods sectors. Bank and mining stocks gained notable ground in positive territory and helped limit market’s downside.

The mood in the market remained cautious with investors closely following updates on the geopolitical front.