India, June 24 -- The UK stock market's benchmark index FTSE 100 moved in a tight range Wednesday morning and was roughly flat about half an hour past noon with stocks turning in a mixed performance in lackluster trade.

Investors made cautious moves, assessing the situation in the Middle East amid conflicting reports about US-Iran peace negotiations.

The FTSE 100 was up 1.16 points or 0.01% at 10,430.01 about half an hour past noon.

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