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FTSE 100 Recovers To Trade Flat

U.K. stocks recovered from an early slide to trade flat on Wednesday after official data showed the euro zone economy grew by 0.4 percent in the first quarter, in line with the initial estimate two weeks ago.

U.S. President Donald Trump's optimistic comments on trade talks as well as hopes that China will launch stimulus measures to boost growth also helped keep markets steady.

The benchmark FTSE 100 was down 7 points at 7,234 in choppy trade after rising 1.1 percent in the previous session.

Lender CYBG rallied 2.8 percent after it posted a first-half profit, despite the impact of costs from its acquisition of Virgin Money.

Real estate investment trust British Land edged down slightly after it swung to a loss in the year to March.

Cobham rose half a percent after the aerospace and defense company settled a tax dispute with the U.K. government.

Compass Group jumped over 2 percent after the catering company upped its growth forecasts for the full year.

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