- The FTSE 100 was down 0.2% to 7,134.71 as sentiment remained subdued amid fears of a global recession.

Several stocks were lower as they traded without the rights to their dividend, including Royal Bank of Scotland down 8.6% at 181.3p.

Gambling group GVC upgraded its outlook on profits as strong performance of its online business was expected to offset any potential costs associated with the new sports-betting licences in Germany. The shares were up 5.6% to 577.6p.

Paving specialist Marshalls said it was confident of 'at least' meeting expectations after first-half profits climbed 14% thanks to an uptick in sales to the public sector and commercial end market. The stock ticked up 0.8% to 620p.

Kaz Minerals profits fell in the first half of the year on lower revenues as the price of copper was hurt by weaker demand. The shares dropped 11.3% to 439p

Transport operator FirstGroup said it had appointed David Martin as chairman with immediate effect. It shares rose 4.9% to 120.3p.

Martin, the former chief executive of Arriva, began his career in the transport industry in 1986. He was appointed to the board of Arriva in 1998 with specific responsibility for international development, before taking over the leadership of the company in 2006.

Murray International Trust said its performance in the first half of the year fell short of its benchmark amid rising geopolitical uncertainty and trade tensions.

For the six months to 30 June 2019, net asset value total return increased by 10.6%, below the total return of 15.5% for the company's benchmark (40% FTSE World UK and 60% FTSE World ex UK). However, the shares were marked 1.2% higher at £11.27.

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