FTSE 100 falls ahead of `Super Thursday` statement
August 6, 2015, 1:50 pm   

(Open): The UK market fell at the start of trade as investors prepared themselves for a flurry of information from the Bank of England.So-called Super Thursday will see the Bank of England`s interest rate decision and minutes from the meeting released together at midday.Shortly after the release, the Bank will then publish its quarterly Inflation Report.The FTSE 100 was down 26.50 points at 6,725.91 shortly after trading began.A number of shares trading without the right to their latest dividend weighed on the index. BP, Anglo American and SABMiller were among some of the major companies who fell after going ex-dividend.Shares in mining firm Rio Tinto rose 0.5% despite the company reporting a sharp drop in second-quarter profits, as the sector continues to be hit by falling commodity prices.Underlying earnings fell 43% to $2.9bn, with earnings at Rio`s iron ore division down 55% to $2.1bn.Shares in insurer Aviva rose 1.2% after it reported half-year operating profits of £1.17bn, up from £1.07bn last year and ahead of analysts` expectations.On the currency markets, the pound rose 0.15% against the dollar to $1.5626, and climbed 0.1% against the euro to €1.4318.



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