- The FTSE 100 was down 0.2% by midday to 7,002.56 as focus continued to fall on the possible outcome from US and China trade talks at the G20 summit this week and ahead of the publication of the Bank of England's stress test of the banking industry.

UK bank shares were broadly flat ahead of the announcement at 4.30pm today. Low-cost airline EasyJet fell 3.8% to £11.73 as Keppler Cheuvreux cut its recommendation from 'buy' to 'hold'.


Credit information provider Experian ticked up 0.2% to £18.71 after the UK competition regulator raised concerns about its proposed takeover of ClearScore.

IT technology and services provider Softcat gained 1.1% to 596p after announcing that it had traded 'well' in the first quarter, growing both its revenue and its operating profit.

Plastics product manufacturer RPC Group posted a 5% fall in first-half profit, as higher polymer prices weighed on margins and it wrote down the value of businesses held for sale. Its shares, however, pushed 1.1% higher to 760.4p.

Travel company On the Beach gained 2.4% to 412p after cutting its marketing spend helped it ride out a slump in demand caused by hot UK summer weather and post a 24% rise in full-year profit.

Component supplier Senior fell 3.8% to 246.8p despite it announcing that it expected to make 'good' progress in calendar 2018 after trading in the first 10 months of the year met its expectations.

Property investors Daejan and LondonMetric gained 0.2% and 0.3%, respectively, after boosting their first-half earnings and dividends on the back of increased rental income.

Wealth manager Brewin Dolphin fell 4.1% to 319p despite it posting a 19% rise in annual profit, as it recorded flat net fund inflows.


London-focused residential property developer Telford Homes rose 2.8% after it posted a 16% rise in first-half profit, though it acknowledged that it had 'work to do' to reach its annual profit guidance.

Travel agent for the wealthy Ten Lifestyle Group tumbled 43% to 35.8p as it posted a deeper annual loss, underpinned by missed revenue targets and higher expenses.

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