(Updates after market close)
June 10 (Reuters) - UK's FTSE 100 closed higher on Wednesday
with energy and consumer staples stocks providing a lift, though
the index remained stuck near three-week lows as investors
monitored a fragile ceasefire in the Middle East.
The blue-chip FTSE 100 index closed 0.3% higher at
10,254.8 points, hovering near its lowest levels since mid-May.
The midcap FTSE 250 advanced 0.5%.
* Consumer staples majors Tesco ( TSCDF ) and Unilever
were among the biggest gainers, climbing over 2% each.
* Middle East tensions were high as the U.S. and Iran traded
fire.
* U.S. President Donald Trump said Iran had taken too long
to negotiate a deal and would "have to pay the price".
* Crude oil prices jumped after Trump's remarks and UK
energy stocks climbed 1.9%.
* WH Smith plunged 16.2% after cutting its annual
profit forecast for the second time in two months and launched
an equity raise to bolster its finances.
* Banks were among the biggest sectoral
decliners with a 1% fall.
* Shares of Hong Kong exposed HSBC ( HSBC ) and Standard
Chartered ( SCBFF ) each fell more than 1%.
* The lenders have been under pressure since Beijing
unveiled tighter capital controls to limit cross-border
investments.
* Inflation concerns have led investors to price in a 25
basis point interest rate hike by the Bank of England by
September, according to LSEG-compiled data.
* Elsewhere, water utility Pennon Group ( PEGRF ) slipped 1.7%
after its new CEO warned operational discipline must improve.
* EnQuest ( ENQUF ) shot up 27% after the North Sea-focused
oil producer agreed to buy interests in four offshore contracts
in Malaysia.