1. Haleon and GSK top blue-chip fallers
Investors reacted as reports emerged about lawsuits over a heartburn drug first launched by Glaxo in the 1980s and withdrawn in 2019.
2. Europe and US give Entain value
Two key factors arguably got shareholders excited.
3. Disney overtaking Netflix a pivotal moment
There are plentiful opportunities for Disney to put further weighting towards its streaming services, analysts said.
4. FTSE 100 falters on ex-divs, dollar
The FTSE 100 index closed lower on ex-dividend factors and as a weaker dollar weighed on heavyweight commodity stocks, ending down 41.20 points, or 0.6% at 7,465.91, just above the day’s low of 7,460.11 and well below the early peak of 7,515.00.
5. Unicorn valuations plunge
Start-ups with highly sought-after valuations of more than US$1bn, known as ‘unicorns’, emerged nearly a decade ago as venture-capital funds began to recover after the dotcom crash.