August 7, 2019 / 7:24 AM / 4 months ago

Glencore fall hits mining stocks as FTSE steadies

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* FTSE 100 roughly flat, FTSE 250 up 0.3%

* Glencore slips after HY core profit misses market view

* U.S.-China trade tensions still overshadowing markets

Aug 7 (Reuters) - London’s main stock market index held steady on Wednesday after a run of six losing sessions triggered by worries over the U.S.-China trade dispute, although commodities trader Glencore hit an almost 3-year low after poor first half results.

Glencore’s almost one-third drop in core profit, allied to lower copper prices, pulled mining firms lower. That was offset by gains in healthcare and consumer goods stocks, leaving the FTSE 100 blue chip index largely unchanged.

The mid-cap FTSE 250 rose 0.3% by 0706 GMT, helped by a post-earnings jump in Ultra Electronic. (Reporting by Shashwat Awasthi in Bengaluru; editing by Patrick Graham)

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