The FTSE 100 index nudged down almost 0.2 per cent and the mid-cap FTSE 250 index closed less than 0.1 per cent lower on a flat day across European markets. Both indices had traded higher in early trading.
Among other stocks, Hammerson rose 2.3 per cent after analysts at Morgan Stanley upgraded the mall operator’s stock.The pan-European STOXX 600 index held steady at 457.96 points at close after touching near four-week highs earlier in the day. Miners finished up 0.6 per cent after rising nearly 2 per cent earlier in the session, as iron ore futures rallied on optimism over top steel producer China’s policy support for its struggling property sector.
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