The FTSE 100 index failed to make any headway in trading today and closed almost flat at its starting point, as a result of further selling in online poker group PartyGaming.
Having started the day flat, the FTSE 100 index rose just 5.7 points or 0.1% to 5,507 by close of business in London, as PartyGaming fell another 7.5p or 5.54% to 128p on the back of analysts ratings cuts.
Vodafone also dropped 3.5p or 2.73% to 124.75p but money market firm Schroders reversed the trend and rose 14.5p or 1.66% to 885.5p while Barclays gained 12p or 2.19% to 559.5p.
In the US, trading is not faring much better on the back of a small shift in the oil price.
The Dow Jones index is currently up just 10.5 points or 0.1% to 10.788.25 while the S&P 500 index has earned 1.55 points or 0.12% to almost 1,262 while the Nasdaq is down a fraction at 2257.7.IFAonline
What made financial headlines over the weekend?
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch