UPDATE 1-London stocks pare gains after US data, assess strong earnings
Published on: Aug. 5, 2025, 10 p.m. | Source: Devdiscourse
In the market, Diageo climbed 4.9% and was among the top gainers in the FTSE 100, after the world's largest spirits maker forecast stable 2026 sales despite tariff impacts and upped its cost-savings target. The medical equipment and services subindex led sectoral gains, up 11.3%, hitting its highest level since November 2021, after Smith+Nephew's rise in first-half profit and announcement of a new $500 million share buyback.
