(RTTNews) – The U.K. stock market’s benchmark index FTSE 100 was up marginally around noon on Wednesday with investors largely choosing to stay away from riskier assets due to concerns about valuations amid lingering uncertainty about global economic growth.
Investors are also continuing to react to quarterly earnings updates, and looking ahead to the Bank of England’s monetary policy announcement this week.
The FTSE 100, which eased to 9,677.40 earlier in the session, was up 8.40 points or 0.09% at 9,723.36 a few minutes past noon.
Fresnillo is down by about 2.6%. Polar Capital Technology Trust is down by about 2.3%, while Scottish Mortgage, Endeavour Mining, Weir Group and Babcock International are down 1.5 to 1.8%.
Metlen Energy & Metals, Entain, Games Workshop, Barclays Group, Legal & General, SSE and Centrica are moderately lower.
Among the gainers, Coca-Cola Europacific Partners is…
