Stocks steady as investors mull China PMIs

London stocks were little changed in early trade on Tuesday as traders returned to their desks after the Bank Holiday weekend.

At 0840 BST, the FTSE 100 was flat at 7,147.44.

Richard Hunter, head of markets at Interactive Investor, said: “Early exchanges after the market opening included some weakness in the banks and also airline and related stocks, given the ongoing uncertainties around a full resumption of international travel.

“Nonetheless UK markets also remain in positive territory in the year to date, albeit at more sedate levels of growth than their US counterparts, with the FTSE 100 ahead by 10.8% and the FTSE 250 by 17.4%.”

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.

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