StockMarketWire.com - The FTSE was subdued as investors fretted over a further escalation in the trade war between China and the US.

Weaker miners continued to hold the blue-chip index back, led by a 3.2% decline for Anglo American (AAL). BHP Billiton (BLT) and Antofagasta (ANTO) suffered falls of over 2.4% each.

The FTSE 100 closed 3.5 points higher at 7,034.

In the US, all stock markets were in the red around 4:45pm UK time. The Dow Jones was the biggest faller, trading 0.6% lower at 23,885.

Brent crude oil slid 0.6% to $67.69 per barrel. Gold was flat at $1,334 per ounce and copper cheapened 1.7% to $3.01 per tonne.

MID AND LARGE CAP RISERS AND FALLERS

WPP (WPP) slipped 2% to £10.95 after announcing an investigation into chief executive Sir Martin Sorrell following a personal misconduct allegation.

Entertainment One (ETO) was confident its performance will meet expectations thanks to rising sales and underlying earnings. Its shares fell 1.7% to 280p.

Airlines Ryanair (RYA) and Wizz Air (WIZZ) both revealed rising passenger numbers in March.

Magners cider maker C&C (CCR) announced it is in advanced talks to acquire Conviviality's (SVR) drinks distribution business after the company went into administration before the Easter break. Shares in C&C surged 11.3% to 2.8p.

SMALL CAP RISERS AND FALLERS

Shares in biomaterials developer Collagen Solutions (COS) crashed 20% to 2.6p after reporting sales for the year to 31 March will be £3.5m, down from an anticipated £3.9m. The company said the revenue miss was due to various delays.

Mytrah Energy (MYT) rallied 61% to 44.2p after confirming it agreed terms for a recommended cash offer for the company from Raksha Energy.

Tiles specialist Topps Tiles (TPT) reported a slowdown in like-for-like sales in its second quarter, which fell 2.2%. The stock slumped 13.3% to 69.8p on the update.

Media publisher Future (FUTR) revealed it plans to acquire events business Newbay Media, which could cost £13.7m depending on the future performance of Newbay. The shares dimmed 2.8% to 374p.

Flooring products specialist Victoria (VCP) beat market expectations with its latest full year results, helping the stock rise 2.8% to 763p.

Property site OnTheMarket (OTMP) said web traffic reached 12 million visits in March. The shares advanced 1.4% to 111p.


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