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FTSE dips; key gains for Entain, Beazley, Persimmon, and Deliveroo [Video]

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FTSE dips; key gains for Entain, Beazley, Persimmon, and Deliveroo

On Thursday morning, the FTSE 100 experienced a decline due to concerns from JP Morgan analysts about a potential recession in the US economy.

Entain reported a positive start as its shares rose following an upgraded guidance and narrower first-half losses. Beazley saw significant gains, nearly doubling its first-half profits. Persimmon’s shares increased despite flat interim profits, with the company expressing optimism due to relaxed planning regulations under Britain’s new Labour government. Deliveroo’s shares also rose after reporting its first-ever profit, announcing a £150 million buyback, and highlighting improved consumer trends.

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