U.K. Stocks Drop as Travis Perkins, Anglo American Shares Slide

U.K. stocks rose fell for the third time this week, hurt by a slump in shares of Travis Perkins Plc.

The construction firm was the leading decliner on the FTSE 100 Index after analysts said performance in the third quarter was weaker than expected. Anglo American Plc lost 3.5 percent after cutting its diamond-production target for the third time this year. Ashtead Group Plc added 3 percent after U.S. peer United Rentals Inc. posted better-than-expected earnings.

The FTSE 100 fell 0.2 percent to 6,334.92 at 9:14 a.m. in London, extending this week’s decline to 0.7 percent. Seven companies in the FTSE 100 trade ex-dividend today, wiping 8.95 points off the benchmark. The broader FTSE All-Share Index lost 0.3 percent, while Ireland’s ISEQ Index retreated 0.5 percent.

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