- Investor jitters weighed on global stock markets as the G7 meeting got underway. Investors have become increasingly worried about a potential escalation of the US trade war.

Miners remained among the casualties with Fresnillo (FRES) shedding 6.4% to £12.16 and Antofagasta (ANTO) falling 3.2% to £10.98.

The FTSE 100 traded 0.3% lower at 7,681, paring back larger losses earlier in the session.

US equities failed to shake off negative sentiment as all indices opened in the red. The tech-heavy Nasdaq recorded the biggest decline, down 0.2% at 7,621 around 4:45pm UK time.

Brent crude oil slipped 1.1% to $76.47 per barrel.


Asset manager Standard Life Aberdeen (SLA) fell 3.6% after Lloyds (LLOY) sold its 3.3% stake in the company for £344m. The two companies clashed earlier this year when Lloyds said it no longer wanted Standard Life Aberdeen to manage a £109bn portfolio on behalf of its Scottish Widows life insurance business.

Telecoms company BT (BT.A) was broadly unmoved at 204.9p after deciding to replace chief executive Gavin Patterson.

Chemicals firm Synthomer (SYNT) dipped 0.9% to 536p on news it was under investigation by the European Commission which is looking into companies that have been purchasing styrene monomer in the European Economic Area.

State-backed miner China Nonferrous Metal said it would invest $70m into Kaz Minerals' (KAZ) Koksay project in Kazakhstan. The news was overshadowed by negative sentiment towards the mining sector and a negative broker note on Kaz Minerals, which fell 5.9% to £10.12.

Fantasy miniatures maker Games Workshop (GAW) lost 6.4% to £28.55 as profit-takers swooped despite continued sales and profit growth.


Pub chain Fuller, Smith & Turner (FSTA) revealed beer and cider volumes were flat in the year to 31 March due to a challenging marketplace. Sales growth has also slowed down since the start of its new financial year, causing the shares to dip 1% to 960p.

Magazine publisher Time Out (TMO) said it was confident on meeting its strategic and financial goals in 2018, helping the stock gain 2.5% to 82p.

Blavod Black Vodka owner Distil (DIS) showed the benefits of investing in its brands with operating profit and sales up significantly in the year to 31 March, sparking an 13.6% rally in the stock to 2.5p.

Embattled mobile virtual network operator The People's Operator (TPOP) warned it may need emergency funding if loan provider Barclays demanded the full proceeds from the sale of US subscribers to US network operator Ting. Its shares slumped 14.3% to 0.02p.

UK Oil & Gas (UKOG) confirmed media speculation that it was considering raising funds, resulting in a 13.7% drop in the shares to 1.08p.

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