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* FTSE 100 flat, FTSE 250 down 0.1%
* Ex-dividend trading offsets gains in industrials
* CYBG tanks on mid-caps
Sept 5 (Reuters) - London's FTSE 100 was roughly flat on
Thursday, as gains in large industrial stocks after upbeat
forecasts from European peers and encouraging news on U.S.-China
trade talks offset a drop in several stocks trading ex-dividend.
A drop in stocks trading without dividend entitlement such
as BHP BHPB.L and Glencore GLEN.L counteracted a
results-driven 5.2% jump in turnaround specialist Melrose
MRON.L , and left the FTSE 100 .FTSE struggling for clear
direction in early dealings.
Industrial giants such as BAE Systems BAES.L and
Rolls-Royce RR.L advanced after French engine maker Safran
SAF.PA raised its annual profit forecast and Rafale warplanes
maker Dassault Aviation AVMD.PA affirmed its view of higher
net sales in 2019.
The FTSE 250 .FTMC slipped 0.1% lower by 07159 GMT, partly
due to a more than 20% slump in CYBG CYBGC.L after the
Yorkshire Bank and Virgin Money (LON:VM) owner said it expected to
increase its provision for legacy payment protection insurance
costs.