Gold prices edge lower; heading for weekly losses ahead of U.S.-Russia talks
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* FTSE 100 largely unchanged, FTSE 250 down 0.1%
* Oil majors biggest boost to main bourse
* Ted Baker outperforms midcap index
July 22 (Reuters) - London's main index held steady on
Monday as oil heavyweights rose amid heightened tensions in the
Middle East, while energy firm Centrica fell on reports of a
dividend cut and Ted Baker was in demand after multiple media
reports of takeover plans.
The FTSE 100 index of bluechip companies .FTSE was flat at
0710 GMT, while the FTSE 250 midcap index .FTMC was 0.1%
lower.
Oil majors Royal Dutch Shell Plc RDSa.L and BP Plc BP.L
were higher, tracking gains in crude prices on concerns that
Iran's seizure of a British tanker last week may lead to supply
disruptions in the Middle East. O/R
Energy company Centrica Plc CNA.L slumped 1.5% after the
Times reported that the company was set to cut its dividend and
put its oil and gas business up for sale.
Among midcaps, Ted Baker Plc TED.L added 3.2% after the
Times reported https://www.thetimes.co.uk/article/former-boss-ready-to-dress-ted-baker-for-private-party-xd6583zmk
that the company's founder Ray Kelvin was considering plans to
back a private equity buyout of the company.