Ex-dividend stocks push FTSE lower

Press Association
London Stock Exchange
London Stock Exchange

A fightback for Standard Chartered shares and a decent trading update from miner Rio Tinto has failed to boost the FTSE 100 Index.

The top flight was 27.8 points lower at 5813.4 after a number of high-profile stocks went ex-dividend, meaning that shares no longer hold the right to the most recent shareholder award.