By Steve Goldstein, MarketWatch
British stocks closed lower Thursday amid worldwide concern over the state of U.S.-China trade talks.
The FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX +0.52% slipped 0.33% to 7238.55.
Decliners more than doubled advancers on the London Stock Exchange.
Of stocks on the move, Centrica /zigman2/quotes/205228367/delayed UK:CNA +0.61% rallied 8% as the electricity and gas supplier said third quarter trading was stable and it cut its capital investment budget. The company is still down 42% this year after a profit warning in August.
Johnson Matthey /zigman2/quotes/207054035/delayed UK:JMAT +0.44% fell 7% as the catalytic converter maker reported a 8% decline in first-half pretax profit.
Royal Mail /zigman2/quotes/204213037/delayed UK:RMG -0.54% fell nearly 14% as the privatized postal delivery firm said its transformation plan is “behind schedule,” requiring more investment because of what it called the “industrial relations environment” as well as the general election and Christmas.