Latest market news

FTSE subdued on weak miners

The FTSE 100 was flat at 7,558 on Friday afternoon as losses among miners eased back.

Antofagasta shed 2% to 827p and Anglo American declined 0.6% to £15.34.

There was a sea of red across Europe with Germany's DAX nursing a 0.2% decline to 12,207.

On Wall Street, investor sentiment was weak with the S&P 500 broadly unmoved at 2,841 around 4:45 UK time.

MID AND LARGE CAP RISERS AND FALLERS

Royal Bank of Scotland was broadly unmoved at 240.9p after reporting Katie Murray will become interim chief financial officer at the start of October as the bank searches for a successor to Ewen Stevenson.

SMALL CAP RISERS AND FALLERS

Waste management firm Biffa announced four new acquisitions with the biggest, Weir Waste Services costing £16.2m, expected to boost its recycling and waste treatment operations. Shares in Biffa advanced 3.8% to 243.5p.

Cruise port operator Global Ports revealed its annual results are expected to hit the upper end of its target range, driven by record sales, helping the stock rise 4.1% to 510p.

Construction group Interserve said the company and its consortium reached financial close on a £105m project for Durham University to build two new college facilities, causing the shares to nudge 1% higher to 57.8p.