- Investor sentiment was struggling at the start of the week ahead of interest rate decisions from the Bank of England, the US Federal Reserve and Bank of Japan later this week.

The FTSE 100 dipped 0.3% to 7,679 around 9am.

Among the weakest blue-chip performers were broadband company BT and drinks colossus Diageo with losses of over 1% each.


Investors were feeling lucky with gambling group GVC after announcing a 50/50 joint venture with MGM Resorts International to create a sports betting and online gaming platform in the US. Shares in GVC rose 5.1% to £11.51.

Indivior received a 1.6% boost to 320.2p following the US court's decision to grant rival Dr Reddy permission to make an emergency appeal against a preliminary injunction preventing the sale of a generic version of Indivior's opioid addiction treatment.

National Grid reported Ofgem's final decision on the delivery model for the Hinkley-Seabank project would not affect its commitment to delivering the project on time. The utility firm was also pleased with Ofgem's decision surrounding RIIO-2 Framework, but the stock dipped 1% to 818p.

Geotechnical contractor Keller benefited from strong organic growth in North America and Asia-Pacific, boosting first-half underlying profits by 7% and helping the stock gain 2% to £11.02.


Mosman Oil and Gas revealed oil production nearly doubled at its Welch Permian Basin project, triggering a 17% rally to 0.7p.

UK food producer Cranswick was up 0.7% at £33.28 after delivering an in-line performance in its first quarter as sales rose 7%.

Estate agent Foxtons enjoyed a 1.7% jump to 48.4p despite sales falling 9% as a resilient letting performance was offset by weakness in the London market.

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