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FTSE 100 Little Changed In Cautious Trade

U.K. shares were little changed on Thursday as the pound edged up and investors awaited earnings from big U.S. banks as well as comments from central bankers at the International Monetary Fund's (IMF) annual meeting in Washington D.C. for direction.

The benchmark FTSE 100 was marginally higher at 7,536 in late trade, just about 0.2 percent below its record close reached on May 26.

Gold miner Randgold Resources rose over 1 percent as gold prices surged on a muted dollar following the release of marginally dovish minutes from the U.S. Federal Reserve's September policy meeting.

Sky Plc shares rallied 1.4 percent after the company reported better-than-expected first quarter results and said it is on track to meet its full-year targets.

Recruitment firm Hays gained 0.9 percent on reporting a 10 percent rise in first-quarter net fees at constant currencies.

Just Eat shares soared 5.8 percent after the Competition and Markets Authority approved its planned £200m purchase of rival Hungryhouse.

by RTT Staff Writer

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