Source - SMW
The FTSE 100 was flat on Tuesday at 6,840 with gains on financial stocks offset by losses on miners.

HSBC (HSBA) and Standard Chartered (STAN) rose up to 2% after a solid overnight trading session with gains in China, Hong Kong and India.

Weaker metals prices, including gold, copper and platinum, pushed miners lower with Antofagasta (ANTO) down 5.2% to 513.5p. Fresnillo (FRES), Randgold (RRS) and Glencore (GLEN) also fell into negative territory.

West Texas Intermediate (WTI) crude oil rallied 0.8% to $47.34 and Brent crude oil rose 0.5% to $49.52 per barrel, respectively.

Gold cheapened 0.3% to $1,317 per ounce and copper was 0.2% lower at $4,563 per tonne. 


A profit warning from economic bellwether Braemar Shipping Services (BMS) caused the shipping firm to trade 9.1% lower. It said results for the year to February 2017 would be 'materially lower' than 2016 due to a slowdown in the tanker market while dry bulk remains weak.

Distribution group Bunzl (BNZL) impressed the market with a 13% increase in adjusted operating profit to £235.1 million in the first half of the year and hiked its dividend by more than 10% to 13p.


Vectura (VEC) received a disappointing update from its partner Mundipharma that its Phase III trial of flutiform didn't meet the primary endpoint of showing significant superiority to reduce rates of moderate and severe COPD exacerbations, compared to mono-component LABA treatment. Its shares fell 5.4% to 130p.


Engineer Pressure Technologies (PRES) said it would swing from a profit to a loss due to additional legacy costs, margin erosion and R&D spending, triggering a 11.7% share price decline.

Science in Sport (SIS) sprinted 5% higher to 69.8p following its appointment as the official sports nutrition partner to Liverpool Football Club for the 2016/17 season.

Gulf Marine Services (GMS) signed a letter of intent for the charter of a large class vessel to support maintenance work in the oil and gas sector in Europe, boosting its share price by 16.2%.

Mosman Oil and Gas (MSMN) and Global Gems International started initial field and technical programmes to prioritise start-up areas for alluvial gravel testing.

BATM Advanced Communications (BVC) reported a higher operating loss and less revenue as a result of less revenue in the pathogenic waste treatment and sterilisation units.