Britain's FTSE holds steady


(MENAFN- Saudi Press Agency) Britain's top share index held roughly steady on Wednesday, supported by gains in construction stocks even though losses in grocers weighed on the market, Reuters reported.

The blue-chip FTSE 100 was down 0.1 percent at 6,701.03 by 0813 GMT after closing flat in the previous session which also saw it drop to an intraday low of 6,656.90 points - the worst level since late January.

Among individual stocks, mid-cap housebuilder Berkeley surged 7.7 percent after posting better-than-expected full-year profit, lifting the rest of the sector with it.


On the downside, supermarkets Sainsbury, Morrison , Marks and Spencer and Tesco all fell around 1 percent the FTSE 100 after bearish comments on the sector from Credit Suisse.


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