U.K. Shares Near Two-Week High, While Burberry Falls on Earningsby
After paring most of their losses, Britain’s shares closed little changed, halting the rebound started on Friday.
The FTSE 100 Index slipped less than 0.1 percent, trimming a slide of as much as 0.8 percent, following moves in the broader region. Financial firms rallied, with Royal Bank of Scotland Group Plc, Standard Life Plc and Barclays Plc climbing more than 3.7 percent. Miners dropped, and Anglo American Plc, Glencore Plc and BHP Billiton Ltd. retreated more than 2 percent. Burberry Group Plc fell 2.7 percent after reporting a second consecutive slide in annual earnings.
The broader FTSE All-Share Index was also little changed, while Ireland’s ISEQ Index rose 0.4 percent.