A hefty share fall for blue-chip insurer Aviva failed to hold back the rally on London's FTSE-100 Index as positive US jobs data boosted sentiment.
A hefty share fall for blue-chip insurer Aviva failed to hold back the rally on London's FTSE-100 Index as positive US jobs data boosted sentiment.
Custom byline text:
The life and pensions firm dropped 13%, wiping around £1.5 billion off its value, after chief executive Mark Wilson announced a 44% cut in its full-year dividend to 9p a share.
However, figures showing a fall in claims for unemployment benefits in America helped the wider FTSE maintain its recent ascent to close 11.5 points higher at 6439.2.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.