FTSE 100: St James’ Place And BT Slump Following Weak Trading Updates

FTSE 100 shares St James’ Place and BT Group both sank in value in Thursday following a poor reception to their latest financials. Here are the key takeaways from both firms’ updates.

St James’ Place

Asset manager St James’ Place dropped 14.5% in value as it indicated a slowdown in investor activity in the first half. At £10.10 per share it was the FTSE 100’s biggest daily loser in Thursday trading.