London stocks were steady in early trade on Wednesday, held back by a stronger pound and disappointing results from Tesco, as investors awaited further news on the Johnson & Johnson Covid-19 vaccine that has been paused amid blood clot concerns.
At 0900 BST, the FTSE 100 was flat at 6,892.23.
The top-flight index was also hampered by a rebounding pound, which added 0.3% against the dollar. A stronger pound tends to dent the FTSE 100 as around 70% of its constituents derive most of their earnings from overseas.
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.