April 23 (Reuters) - Britain's FTSE 100 closed a little
lower on Thursday, with declines in heavyweight financials
offset by some stocks after their corporate updates, while
markets assessed fading prospects of renewed U.S.-Iran peace
negotiations and higher oil prices.
The blue-chip FTSE 100 index closed 0.2% lower in
its fourth session of declines, while the midcap FTSE 250
fell 0.9%.
* Brent crude futures rose beyond $100 a barrel, as
Iran tightened its grip on the Strait of Hormuz and said it
would not reopen the waterway until the U.S. lifted its naval
blockade.
* The travel and leisure sector was buoyed by
a 10% gain in Domino's Pizza after it recorded a
first-quarter like-for-like sales growth of 4.5%. Pressured
airlines limited gains.
* Heavyweight banks Barclays ( BCS ) and HSBC ( HSBC ) fell
1.5% and 0.4%, respectively, the biggest drags on the index.
* Among miners, Fresnillo declined 6.4%, tracking
precious and base metals.
* Industrial miners sector closed 0.9% higher
on the back of a 4.1% gain in Anglo American, after a
report showed its Australian coal business had at least three
suitors.
* The share of British firms reporting higher costs jumped
to a record this month, signalling high input costs and rising
inflation as fallout from the Iran war weighs on the economy, a
survey showed.
* Traders are now pricing in 70% probability of the Bank of
England hiking rates in June, up from 40% last week, according
to LSEG data.
* The FTSE 100 is down 2% for the week so far and is on
track to erase nearly all gains sparked by hopes of the
U.S.-Iran ceasefire, which was announced earlier this month.
* Among other stocks, supermarket group Sainsbury
fell 3.4% after it warned that the Iran war could cloud its
outlook, mirroring concerns raised by peer Tesco ( TSCDF ).
* WH Smith ( WHTPF ) plunged 9.2% to the bottom of the FTSE
250 after the travel retailer cut its annual profit forecast and
suspended its dividend.