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FTSE 100 flat as downbeat Barclays earnings offset gains in mining stocks

Published 18/02/2021, 09:22
© Reuters.
UK100
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BARC
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RIO
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AAL
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GSK
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BHPB
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FTMC
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MOONM
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(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 flat, FTSE 250 adds 0.3%

Feb 18 (Reuters) - London's FTSE 100 was flat on Thursday as
weakness in financial stocks on the back of a glum annual
earnings report from Barclays offset gains in mining stocks,
while Indivior fell after a decline in annual revenue.
The commodity-heavy FTSE 100 .FTSE was flat, with miners
Anglo American AAL.L , Rio Tinto RIO.L and BHP Group BHPB.L
leading gains.
Healthcare stocks led declines, with GlaxoSmithKline GSK.L
shedding 1.8%
Barclays BARC.L fell 0.9% after the lender's 2020 annual
profit halved. Indivior NDV.L fell 2.6% after the opioid addiction
treatment maker's annual revenue fell 18%, hit by a decline in
demand for its best-selling drug due to cheaper rivals and as
patients stayed away from hospitals during the COVID-19
pandemic. Moonpig MOONM.L gained 0.6% after the online greeting card
retailer said it expects full-year revenue to almost double,
helped by robust demand for its services during the COVID-19
pandemic. The mid-cap FTSE 250 index .FTMC rose 0.3%.

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