LONDON: U.K. stocks were little changed after yesterday rallying for the first time in five days.
Royal Mail Plc led declines after Britain’s government said raised about $1.2 billion from selling half of its stake in the company. Royal Bank of Scotland Group Plc added 1.1 percent. The government said it will start returning the lender to private ownership in the coming months. Standard Chartered Plc fell after rallying the most since April yesterday.
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The FTSE 100 Index added 0.1 percent to 6,833.71 at 8:53 a.m. in London. The broader FTSE All-Share Index also rose 0.1 percent, and Ireland’s ISEQ Index increased 0.7 percent.
