India, Aug. 19 -- U.K. stocks showed a mixed performance Wednesday as investors processed inflation data and assessed geopolitical developments in the Middle East.
The benchmark FTSE 100 declined 2.56 points, or 0.02%, to 10,725.48 roughly half an hour past noon, trading within a narrow range between 10,700.28 and 10,747.71.
Bank stocks weakened on expectations that the Bank of England will maintain interest rates despite data showing an acceleration in consumer price inflation during July.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....