{"id":68454,"date":"2026-01-08T11:30:02","date_gmt":"2026-01-08T11:30:02","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/08\/ftse-100-slips-as-weak-corporate-updates-weigh\/"},"modified":"2026-01-08T11:30:02","modified_gmt":"2026-01-08T11:30:02","slug":"ftse-100-slips-as-weak-corporate-updates-weigh","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/08\/ftse-100-slips-as-weak-corporate-updates-weigh\/","title":{"rendered":"FTSE 100 Slips As Weak Corporate Updates Weigh"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K.&#8217;s equity benchmark FTSE 100 remains in negative territory Thursday morning after a weak start, due to some weak corporate updates, and data showing a drop in UK house prices in the month of December.<\/p>\n<p>The FTSE 100, which dropped to a low of 9,997.50, was down 26.52 points or 0.26% at 10,021.69 a little while ago.<\/p>\n<p>BAE Systems rallied 5% after U.S. President Donald Trump called for higher U.S. defense spending. <\/p>\n<p>Marks &amp; Spencer climbed up 2.1% after reporting healthy food sales growth over the vital Christmas period.<\/p>\n<p>Endeavour Mining gained 3.5%. Coca-Cola HBC, Aviva, Standard Chartered, Natwest Group, Lloyds Banking Group, Diageo and EasyJet moved up 0.8 to 1.7%.<\/p>\n<p>Associated British Foods tumbled 11.8% to a near 9-month low, following a profit warning by the group after Primark suffered a difficult Christmas amid a challenging UK clothing market, weaker sales in continental Europe and a volatile US retail backdrop. <\/p>\n<p>Tesco slid 5.5% after UK like-for-like sales growth narrowly missed forecasts,<\/p>\n<p>Sainsbury (J), 3i Group, Mondi, Ashtead Group, Croda International, Shell, Baratt Redrow, ICG and Experian lost 2 to 4%.<\/p>\n<p>In economic news, UK house prices logged a slower growth in December as uncertainty weighed on housing market activity towards the end of the year, data from the mortgage lender Halifax showed.<\/p>\n<p>House price growth halved to 0.3% in December from 0.6% in November. Average property price was GBP 297,755, which was the lowest since June.<\/p>\n<p>Month-on-month, house prices dropped 0.6%, worse than November&#8217;s 0.1% fall. This was the second consecutive fall in prices. <\/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 Slips As Weak Corporate Updates Weigh<\/a><br \/>\n<br \/>2026-01-08 11:30:02<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K.&#8217;s equity benchmark FTSE 100 remains in negative territory Thursday morning after a weak start, due to some weak corporate updates, and data showing a drop in UK house prices&#8230;<\/p>\n","protected":false},"author":2,"featured_media":68455,"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-68454","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68454","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=68454"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/68455"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=68454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=68454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=68454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}