{"id":55945,"date":"2025-02-07T11:14:30","date_gmt":"2025-02-07T11:14:30","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/07\/ftse-100-modestly-lower-in-cautious-trade-2\/"},"modified":"2025-02-07T11:14:30","modified_gmt":"2025-02-07T11:14:30","slug":"ftse-100-modestly-lower-in-cautious-trade-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/07\/ftse-100-modestly-lower-in-cautious-trade-2\/","title":{"rendered":"FTSE 100 Modestly Lower In Cautious Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks are drifting lower in cautious trade Friday morning, after rising to record highs in the previous session, as investors await the release of U.S. non-farm payroll data for some clues about the Federal Reserve&#8217;s likely move on interest rates.<\/p>\n<p>The benchmark FTSE 100 was down 26.72 or 0.31% at 8700.56 a little while ago.<\/p>\n<p>Legal &amp; General is rising nearly 5.5%. The stock is up following the life insurer agreeing to sell its U.S. protection <span class=\"landLinks\">business<\/span> to Meiji Yasuda Life Insurance Company for $2.3 billion.<\/p>\n<p>Hiscox is up 1.85%, while Glencore, BP, Vodafone, LondonMetric Property and BAE Systems are up 0.9 to 1.25%.<\/p>\n<p>Endeavour Mining, Coca-Cola HBC, DCC, Compass Group, Anglo American Plc, IAG, Kingfisher and British American Tobacco are modestly higher.<\/p>\n<p>Barratt Redrow is declining more than 3.5%. Marks &amp; Spencer is down 3% and Mondi is lower by about 2.7%.<\/p>\n<p>Taylor Wimpey, ICP, Persimmon, Howeden Joinery, GSK, Auto Trader Group, Entain, Berkeley Group Holdings, AstraZeneca and Diploma are down 1.5 to 2.3%. Barclays Group and Next are also notably lower.<\/p>\n<p>UK house prices grew more than expected in January to hit a record high as buyer demand increased ahead of the stamp duty hike in April, mortgage lender Halifax said Friday.<\/p>\n<p>House prices increased 0.7% in January from December, reversing a 0.2% drop in the previous month. The monthly growth was also faster than economists&#8217; forecast of 0.4%.<\/p>\n<p>On a yearly basis, growth in house prices moderated to 3% from 3.4% in December. This was the slowest growth since last July. Average property prices hit a record GBP 299,138 in January. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Modestly Lower In Cautious Trade<\/a><br \/>\n<br \/>2025-02-07 11:14:30<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks are drifting lower in cautious trade Friday morning, after rising to record highs in the previous session, as investors await the release of U.S. non-farm payroll data for&#8230;<\/p>\n","protected":false},"author":2,"featured_media":55946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-55945","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=55945"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/55946"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=55945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=55945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=55945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}