Here’s why Citi says crypto prices have been weak recently
(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100, FTSE 250 flat
* Fevertree slumps after revenue warning
* Intu down after confirming talks over cash call
Jan 20 (Reuters) - UK shares were largely unchanged on
Monday, with trading volumes thin due to a U.S. holiday, while
premium tonic water maker Fevertree and mall operator Intu
Properties tumbled among smaller stocks.
The FTSE 100 .FTSE and the FTSE 250 .FTMC were flat by
0806 GMT. However, oil heavyweights Shell RDSa.L and BP BP.L
advanced as crude prices hit their highest in more than a week
after two Libyan production bases began shutting down amid a
military blockade. O/R
With many investors away due to U.S. markets being closed
for the Martin Luther King Jr. holiday, sharp moves were scant.
Still, Fevertree FEVR.L sank 19% and was on track for its
worst day ever after it warned its annual revenue growth would
be below its expectations, hurt by subdued trading over
Christmas. Shopping centre operator Intu INTUP.L slid 5% after it
said it was targeting an equity raise by the end of February to
tackle debt.
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