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FTSE 100 drops nearly 20 points as major firms go ex-dividend, led by HSBC and BP.

Market News
14 May 2026
Proactive Investors
View Source
Bearish
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The FTSE 100 index fell by almost 20 points on Thursday due to several large companies trading ex-dividend. HSBC had the biggest impact, removing 5.36 points with its 10-cent quarterly dividend. BP, Unilever, and GSK also contributed significantly to the index's decline with their respective dividend payments. This ex-dividend effect reduced the FTSE 100 by about 19.7 points at the open, independent of broader market trends, highlighting the influence of dividend payouts on index movements.

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