- The FTSE 100 struggled as worries over oil supply disruptions faded and weaker Chinese growth implied lower demand, causing Brent crude oil to slump 3.8% to $72.46 per barrel.

Oil major BP suffered a 2.3% fall to 557.5p and peer Royal Dutch Shell slid 2.1% to £26.72.

Utility stocks and miners remained out of favour with Severn Trent slipping 2.4% to £18.95 and BHP Billiton shedding 2.5% to £16.09.

The FTSE 100 closed 0.8% to 7,600.


Drug addiction specialist Indivior rallied 19.2% to 347.2p after a US court approved a preliminary injection against rival Dr Reddy's Laboratories, preventing the sale of a generic version of Indivior's drug.

John Laing Infrastructure Fund confirmed it is pondering a possible 142.5p per share offer from a consortium supported by Dalmore Capital and Equitix Investment Management. The news triggered a 18.1% rise in the shares to 139.6p.

Aerospace company Meggitt sealed a $21m five-year contract from the Defence Logistics Agency to supply fuel cell equipment until 2022, but this failed to move the stock at 555.4p.

Transport operator Go-Ahead reversed 9.2% to £13.88 following HSBC's decision to cut its recommendation on the stock from 'buy' to 'hold.'


Embattled department store Debenhams was down 6.5% at 13.7p following a media report over credit insurance terms being tightened for its suppliers.

Plant Health Care plummeted 33.9% to 14.8p after it failed to demonstrate significant disease reduction with its tech platform Innatus 3G.

Oil and gas exploration company Nostra Terra announced a significant production increase at its wholly owned oil field in Texas, causing the shares to surge 15.9% to 3.9p.

Cake manufacturer Finsbury Food reported like-for-like sales rose 2.4% in the year to 30 June amid a challenging UK economic backdrop. The stock dipped 2.6% to 112p.

Language translation tech provider SDL added 3.7% to 460p after agreeing to acquire Donnelley Language Solutions for £60.1m, which will be funded via debt and a fundraising.

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