- The uncertainty created by election day in the US was putting growing pressure on stocks. By midday the FTSE 100 had retreated 0.7% to 7,052.86.

US futures were calling for a mixed open on Wall Street ahead of the results of the midterms where the Democrats are bidding to regain control of Congress.


Associated British Foods gained 2.7% to £24.53 after a strong performance at discount fashion retailer Primark helped offset sugar-division weakness to push annual earnings higher.

Tobacco giant Imperial Brands dipped 1.6% to £26.01 despite tight cost control and growing sales in its vaping division helping it beat market expectations for full-year earnings.

Supermarket chain Morrisons slumped 5.9% despite growing sales in the third quarter by 6%, as the rate of sales growth slowed in its retail division.

Gambling company William Hill slumped 3% to 207.2p as it sounded a profit warning, owing to weak horseracing margins, customer-friendly football results and challenging conditions on the high street.

Insurance company Direct Line ticked up 0.2% to 318.6p as it reported a fall in premium income and policy numbers in the third quarter.

Low-cost airline EasyJet carried around 14% more passengers in October, though its load factor fell. Its shares were broadly flat at £12.23

Pubs operator Greene King gained 0.6% to 500p on the news long-serving CEO Rooney Anand is stepping down as boss at the end of the current financial year ending 30 April 2019.

Hungarian-based budget rival Wizz Air Holdings gained 3.3% to £27.03 as it grew passenger numbers by 15% but also improved its load factor.

Randgold Resources advanced 1.1% to £64.08 after it posted a rise in third-quarter profit underpinning by cost cutting, which helped buffer production shortages owing to strike action at its Tongon mine in Ivory Coast.

Packaging company DS Smith added 1.2% to 385p after it said it expected its first-half operating profit to be materially ahead of the previous year's result.

Chemicals group Synthomer gained 3.1% to 455.2p as third-quarter volumes in the US and Europe fell but margins improved.


Unloved value-focused consumer goods brands distributor UP Global Sourcing ticked up 0.4% to 38.6p after full year results confirm EBITDA in line with Shore Capital's recently raised expectations at £6.5m, albeit a 44% decline year-on-year.

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