(For a Reuters live blog on U.S., UK and European stock
markets, click or type LIVE/ in a news window)
* FTSE 100 down 0.1%, FTSE 250 off 0.2%
* BT Group drops trading ex-dividend
* UK 10-year gilt yield hits lowest since April
Dec 28 (Reuters) – The UK’s FTSE 100 pared earlier gains
and moved lower on Thursday, following a drop in heavyweight
energy and precious metal mining stocks, while a drop in yields
indicated diminished risk around interest rate volatility.
The blue-chip FTSE 100 was down 0.1% by 9:43
GMT, while the FTSE 250 midcap index edged 0.2% lower.
Britain’s benchmark 10-year gilt yield
briefly fell to its lowest level since April 6, as traders
maintain bets that the Bank of England will cut interest rates
this year.
Oil and gas shares dropped 0.5%, on lower
crude prices as concerns eased about shipping disruptions…
