StockMarketWire.com - The FTSE 100 failed to gain any positive momentum as jitters over slowing growth in China and stronger sterling on a perceived lower risk of a no-deal Brexit weighed on performance.

Among the biggest fallers were oil majors Royal Dutch Shell, down 1.3%.

The blue-chip index dipped 0.3% to 6,872 around midday.

Brent crude oil was up 0.8% at $62 per barrel.

MID AND LARGE CAP RISERS AND FALLERS

UK fashion brand Burberry rose 1.3% after its same-store sales in the third quarter slowed from a year earlier to 1%.

Plastic packaging supplier RPC added 4.6% on news that it had accepted a £3.32bn takeover bid from private equity firm Apollo Management.

Pub chain JD Wetherspoon was broadly unmoved at £11.94 as it warned rising costs would offset a bumper sales performance to send its profits lower.

Book, stationary and snack retailer WH Smith gained 2% after it boosted year-to-date sales by 6%, buoyed by strength in its travel division.

Challenger bank Metro Bank tumbled 30.3% to £15.34, despite it forecasting a more than doubling in annual profit, as profit 'softened' in the last quarter.

Computer services provider Computacenter rallied 11.4% to £11.34 as it forecast annual profits ''marginally ahead' of its expectations.

Asset and corporate services provider Sanne slumped 16.3% on announcing the departure of its CEO amid a profit performance expected to be 'broadly in line' with its expectations.

SMALL CAP RISERS AND FALLERS

Lifestyle fashion retailer Joules dipped 0.2%, even as it posted a 15% rise in underlying first-half profit.


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