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April 15 (Reuters) - London's FTSE 100 was muted on
Wednesday as declines in heavyweight financials and energy
stocks limited gains in healthcare stocks, while investors
cautiously awaited developments in the Middle East conflict.
The blue-chip FTSE 100 index was flat at 10,611.03
points by 0957 GMT, while the midcap FTSE 250 slipped
0.1%.
* Investors assessed conflicting signals around the Iran
conflict as U.S. President Donald Trump said peace talks could
resume this week even as Washington halted Tehran's maritime
trade.
* Oil prices were little changed on Wednesday, holding below
$100 a barrel. British energy stocks inched 0.1%
lower.
* Financial stocks were the biggest drags on the FTSE 100,
with banks down 0.4% and life insurers
off 0.8%. HSBC ( HSBC ) and Prudential
shed 0.6% and 1.8%, respectively.
* On the flip side, healthcare stocks gained,
with AstraZeneca ( AZN ) up 1%.
* The personal goods sector was the biggest
percentage decliner, dragged by a 1.3% drop in Burberry ( BBRYF )
after results from peers Kering and Hermes disappointed
investors.
* Comments from Bank of England Governor Andrew Bailey will
be parsed later in the day.
* Investors also turned their attention to corporate updates
and earnings to see how companies approach tackling headwinds
from the Middle East conflict.
* Antofagasta ( ANFGF ) topped the FTSE 100 with a 2.9% gain
after it said copper production was expected to rise
quarter-on-quarter through the year
* Saga climbed 10.7% after the over-50s holiday and
insurance group said it was ahead of schedule to reach its
medium-term profit targets.
* Britain's largest homebuilder Barratt Redrow ( BTDPF )
slashed its land spending and approval targets, but its shares
were 1.6% higher.
(Reporting by Purvi Agarwal in Bengaluru)