The FTSE 100 shrugged off geopolitical concerns in early trading today, but its gains have faded in the afternoon.
Defensive stocks have been near the top of the leaderboard, underlining the tentative mood of the session.
Meanwhile, mid-cap takeover activity has continued at pace, as video games business Keywords Studios said it is “minded to” accept a £2 billion bid from Swedish private equity giant EQT.
