- Amid losses in Asia and Europe, the FTSE 100 is also hit by ongoing nervousness over trade. By midday the leading index of UK shares was down 0.4% to 7,426.35.


Barratt Developments was flat at 535.2p after the company, which had already announced key results in July, provided a positive assessment of current trading and its medium-term prospects.

High-end rival Berkeley Group added 0.9% to £35.42 after it reaffirmed its full-year guidance, despite concerns Brexit could hurt the London property market.

Gambling group William Hill gained 5.2% to 261.5p on news it had entered into a partnership with its existing partner in Nevada, Eldorado Resorts, to provide sports betting across the budding US market.

Defence and aerospace contractor Chemring gained 5.4% to 216p on news it had been selected as a supplier of new chemical detectors to the US military.


Ecuador-focused explorer SolGold jumped 17.1% to 25p after mining giant BHP Billiton acquired 6.1% stake in the company for $35.2m. BHP was flat at £16.34.

Women's fashion retailer Quiz dropped 2.6% to 163.1p as it outlined its exposure to failed retailer House of Fraser, but nevertheless said it was confident of meeting market expectations for the full year.

Inkjet printing technology group Xaar gained 2.8% to 189.2p, despite it swinging to a first-half loss and cutting its dividend, as investors focused on the potential of its new, higher-margin products.

Software company Kainos Group rallied 12.8% to 411.6p after it announced its full-year results would be ahead of current market expectations following a 'strong' start to the year.

Advanced materials group Velocity Composites, which this week downgraded its earnings guidance, rose 2.9% to 41.2p after it said it had moved chief executive Jonathan Bridges to the newly-created role of chief technology officer.

The group's chief financial officer had also stood down. A search for a replacement CEO and CFO was underway.

Story provided by