Evening Standard
UK · 34 mins ago
FTSE 100 drifts as miners offset JD Sports tumble
The FTSE 100 struggled for direction on Thursday, closing little changed, with miners and oil stocks providing support and balancing a hefty fall in JD Sports Fashion after a profit warning.The FTSE 100 index closed up just 4.81 points at 10,748.16. The FTSE 250 ended down 134.86 points, 0.6%, at 24,508.66, and the AIM All-Share closed up 2.55 points, 0.3%, at 804.09.Weighing on London’s blue-chip index was a 14% fall in JD Sports after the sports retailer cut profit guidance.In a trading statement, Lancashire-based JD Sports said it now expects financial 2027 pretax profit before adjusting items of £700 million to £800 million, lowered from £750 million to £850 million previously.At the mid-point of guidance, this would be down 12% from £852 million posted in the 52 weeks to January 31, 2
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