- UK stocks had a directionless open on Wednesday as investors continued to fret about a potential global fallout from Turkey's currency crisis and lower metal prices hurt miners.

At 0858, the benchmark FTSE 100 index had inched up 1.43 points to 7.613.07.

Construction group Belfour Beatty rose 2.9% after its first-half profit more than doubled, as it cut costs and focused on better-quality work to boost margins.

Hikma Pharmaceuticals rallied 8.4% after the copycat drug maker posted higher-than-expected profits and upgraded its annual guidance.

On a busy day for the pharmaceutical sector, GlaxoSmithKline gained 1.3% on news it achieved positive study results for a new HIV treatment.

AstraZeneca, meanwhile, announced it had priced a $3bn bond offering. Its shares gained 0.1%.

Elsewhere among large caps, Royal Bank of Scotland added 1.2% following news that it had officially agreed to pay $4.9bn (£3.6bn) to settle a US Department of Justice investigation into its mis-selling of mortgage-backed securities before the financial crisis.

The bank also reiterated that it would pay a 2p per share interim dividend, it's first payout in a decade.

Miners fell after copper prices in particular showed weakness, with Antofagasta, BHP Billiton and Glencore down 1.6%, 1.3% and 1.2%, respectively.

Admiral Group gained 3.5% after a strong performance at its UK and European insurance business drove an increase in first-half profit.

Nano-material supplier Nanoco Group fell 6.4% after it said a forecast rise in revenue was partly contingent on the execution of a key customer contract in the US. It also announced that CFO David Blain was standing down due to it merging its CFO and COO roles.

Savannah Petroleum said it had discovered oil in Nigeria, bringing to four its number of recent finds in the African nation. Its shares gained 0.5%. Story provided by