Source - SMW
The FTSE 100 was flat at 7,450 as investors were cautious ahead of the next stage of Brexit negotiations.

Among the fallers were financial stocks and housebuilders with Barclays (BARC) and Persimmon (PSN) declining 1.2% apiece.

Brent crude oil was up 0.3% to $63.51 per barrel. 

OVERSEAS MARKETS

Overnight, Wall Street underperformed following a potential derailment of US tax cuts as the proposal may not be ready in the limited time frame.

The S&P 500 had the biggest losses, down 0.4% at 2,652.

MID AND LARGE CAP RISERS AND FALLERS

Telecommunications firm BT (BT.A) announced a deal with Sky (SKY) to market and sell Sky's NOW TV service to its customers. Shares in BT were up 1.4% at 277.6p with Sky making smaller gains of 1.1%.

SMALL CAP RISERS AND FALLERS

Newspaper publisher Daily Mail & General (DMGT) declined 2.4% to 597.5p despite its US property information division Xceligent filing for liquidation.

Translation software business SDL (SDL) plummeted 24% to 349.5p on a profit warning as it may not be able to close software deals by 31 December, meaning adjusted earnings will not hit expectations.

LED lighting specialist Luceco (LUCE) suffered a bigger hit after warning that profit after tax will be £3.5m less than the anticipated £16.7m. Its share price was punished with a 42.4% drop to 133.9p. 

On AIM, gaming company Gaming Realms (GMR) signed a deal with Jackpotjoy (JPJ) for the supply of real money services. It also reported it would host jackpothappy.com on its platform, helping the shares level up 13.9% to 8.4p.

Investors were excited by oil and gas company SDX Energy's (SDX) news that its KSR-15 well in Morocco is now in production, with the shares rising 5% to 51.9p.