(For a Reuters live blog on U.S., UK and European stock
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FTSE 100 flat; FTSE 250 flat
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Personal goods and beverage stocks decline
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Healthcare stocks rise, mirroring European peers
Dec 23 (Reuters) - UK stocks were little changed on
Tuesday, as gains in healthcare were offset by losses in
consumer staples, with trading subdued during a shortened
three-day week leading up to Christmas.
The UK's blue-chip FTSE 100 was up 0.06% at 0958
GMT. The index continued its upward momentum in the previous
session, having reached a five-week high on Friday, a day after
the Bank of England's 25-basis-point interest rate cut.
The domestically focussed midcap FTSE 250 index
added 0.07% amid thin volumes.
Among sectors, healthcare stocks were up
0.5%, mirroring gains in European peers, after heavyweight Novo
Nordisk clinched U.S. approval of its weight-loss
pill.
Oxford Nanopore Technologies gained 1.3%, while
Oxford Biomedica ( OXBDF ) and AstraZeneca ( AZN ) added 0.8% and
3.1%, respectively.
Consumer staples lagged, with the index of personal goods
down 0.8% and beverage stocks
slipping 0.4%.
The FTSE 100 is on track for its best year since 2009 with a
20.8% year-to-date climb, buoyed by defence and financial
stocks.
By comparison, pan-European STOXX 600 is up 15.9%
and Wall Street's benchmark S&P 500 index has risen 16.9%
so far.
Among individual stocks, Pets at Home was up 1.6%
after the pet-care provider said it had appointed former
Waitrose executive James Bailey as its chief executive officer,
effective March 30, 2026.
Oakley Capital was also up 1% after British sailor
Ben Ainslie's Athena Racing team secured a majority ownership
investment from the British equity firm.
Trading volumes usually taper off towards year-end with
traders away on holidays and markets closed on December 25 and
December 26.