FTSE 100 flat amid China-West tension -March 26, 2024 at 08:04 am EDT

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(Alliance News) – The FTSE 100 recovered slightly from a tricky morning on Tuesday to trade flat heading into the afternoon, though simmering global tensions have kept a lid on its progress in the early part of the week.

The FTSE 100 index was up just 3.00 points at 7,920.57. The FTSE 250 was up a more convincing 90.13 points, 0.5%, at 19,703.66, while the AIM All-Share was down just 0.02 of a point at 737.24.

The Cboe UK 100 was marginally up at 792.06, the Cboe UK 250 was up 0.5% at 17,120.72, and the Cboe Small Companies was up 0.3% at 14,660.84.

In European equities on Tuesday, the CAC 40 in Paris was up 0.2%, while the DAX 40 in Frankfurt was up 0.6%.

The FTSE 100 underperformed as investor digested news concerning China, a major buyer of minerals. Rio Tinto fell 1.2%, while Anglo American lost 0.9%.

The US, UK and New Zealand have accused Beijing-backed cyber groups of being behind a series of attacks against lawmakers and key…

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