U.K. Stocks Are Little Changed After U.S. Jobless Claims

U.K. stocks were little changed, paring earlier gains, after a report showed the number of Americans filing applications for unemployment benefits climbed last week to a one-month high.

Petropavlovsk Plc plunged 18 percent, its biggest slump in more than three years, as interest payments and depreciation costs dragged down first-half profit.

The benchmark FTSE 100 Index rose 7.7, or 0.1 percent, to 5,778.8 at 1:49 p.m. in London, after earlier rising as much as 0.6 percent. The broader FTSE All-Share Index also gained 0.1 percent, while Ireland’s ISEQ Index declined 0.2 percent.

To contact the editor responsible for this story: Tom Stoukas at astoukas@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.