StockMarketWire.com - The FTSE 100 closed flat on Monday, having traded materially lower earlier in the day, as investors look for clues on likely action by central bankers in the US, Japan and UK later this week.

OVERSEAS MARKETS

The US tech-heavy NASDAQ index traded sharply lower early on ahead of results from consumer electronics giant Apple on Tuesday.

MID AND LARGE CAP RISERS AND FALLERS

Investors were positive on gambling group GVC after it announced a 50/50 joint venture with MGM Resorts International to create a sports betting and online gaming platform in the US. Shares in GVC rose 5.4% to £11.54.

Indivior fell 1.4% to 310.7p following a US court's decision to grant rival Dr Reddy permission to make an emergency appeal against a preliminary injunction preventing the sale of a generic version of Indivior's opioid addiction treatment.

Clay bricks manufacturer Ibstock slumped 13.3% to 241.8p after warning production was lower than expected over the last few months, which means second half trading is expected to be below forecasts.

National Grid reported Ofgem's final decision on the delivery model for the Hinkley-Seabank project would not affect its commitment to delivering the project on time. The shares fell 1.8% to 811.5p.

Civil engineer Keller benefited from strong organic growth in North America and Asia-Pacific, boosting first-half underlying profits by 7%, however the stock ultimately pared earlier gains to trade flat at £10.80.

UK food producer Cranswick retreated 1% to £32.72 despite delivering an in-line performance in its first quarter as sales rose 7%.

Shares in e-commerce services firm Clipper Logistics reversed 22% to 316p as its latest results fell short of expectations and the company appeared to temper expectations for the year ahead.

Estate agent Foxtons enjoyed a 8% jump to 51.4p despite sales falling 9% as a resilient letting performance was offset by weakness in the London market.

SMALL CAP RISERS AND FALLERS

Mosman Oil and Gas revealed oil production nearly doubled at its Welch Permian Basin project, triggering a 15.9% rally to 0.72p.


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