British stocks end lower as energy shares drag, China stimulus boost fades

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By Lisa Pauline Mattackal and Shubham Batra

(Reuters) -The UK’s main stock indexes ended Wednesday on a downbeat note, hurt by energy shares tracking lower oil prices, while miners kept the losses in check as gold soared to a record high on expectations of another big rate cut by the U.S. central bank.

The blue-chip FTSE 100 was down 0.2%, while the midcap FTSE 250 edged 0.1% lower. The benchmark index got it biggest boost on Tuesday after China released a raft of stimulus measures.

However, the optimism faded as market watchers questioned whether the scope of proposed measures was sufficient to fix deep-rooted issues in China and spark a sustained resurgence in consumer and industrial demand.

Even…

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