StockMarketWire.com - A slide in the price of oil and gold weighed on numerous large cap stocks, offsetting gains from healthcare and tobacco companies and leaving the FTSE 100 flat at 7,511.

Fresnillo dropped 3.6% to 829.6p and Randgold Resources fell 2.5% to £53.22, while oil major Royal Dutch Shell reversed 0.8% to £26.73.

On Wall Street, investor sentiment was robust with the S&P 500 up 0.2% at 2,922 around 5pm UK time.

Brent crude oil slid 0.4% to $81.53 per barrel.

MID AND LARGE CAP RISERS AND FALLERS

Online fashion retailer Boohoo.com rallied 9.2% to 209.1p after hiking its sales growth forecasts from 38% to 43%, from a range of 35% to 40%, thanks to strong sales from the PrettyLittleThing brand.

Roadside assistance specialist AA endured extra costs associated with a rise in weather-related breakdowns and putting first half profit under pressure. The results dragged the shares 13.7% lower to 103.1p.

Imperial Leather owner PZ Cussons revealed robust trading in Europe and Asia, helping the shares rise 2.3% to 235p despite ongoing challenging conditions in Nigeria.

British outsourcer Mitie reversed 9.2% to 139.8p on news that first half operating profit will be 'flat to slightly down' year-on-year as investment to drive faster sales growth made an impact.

Upper Crust owner SSP revealed a better than anticipated sales performance, prompting broker Shore Capital to announce its fourth earnings upgrade this year. The stock was broadly unmoved at 715.3p.

Chemicals business Elementis was flat at 267p despite production disruption at its chromium facility in North Carolina from flooding caused by Hurricane Florence. Investors took the news in their stride as the company said production should restart as conditions return to normal over the next few weeks.

SMALL CAP RISERS AND FALLERS

Management software provider Imaginatik crashed 77.1% to 2p after announcing it was no longer in talks with an investor who was considering a controlling equity investment in the company. It had until the close of business today to find a new nominated adviser otherwise the shares would be suspended tomorrow.

Engineering support services company Redhall plummeted 31.1% to 4.6p on a profit warning amid project delays and slower than forecast efficiency gains.


Story provided by StockMarketWire.com