London Markets: FTSE 100 loses ground as home builder, commodity shares fall

U.K. equities sagged Thursday as a pullback in housing shares and stocks trading without dividend rights put the blue-chip benchmark on track for its first loss in six sessions.

The FTSE 100 UKX, +0.00% fell 0.4% to 6,842.70, but pared deeper losses as oil prices began to come off session lows.

The index on Wednesday finished up 0.2% at 6,866.42, scoring its highest close since early June 2015, FactSet data showed.

Thursday’s session saw “an unusually large set of stocks going ex-dividend — some big dividends at that,” said Accendo Markets analyst Augustin Eden in a note.

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