London Markets: FTSE 100 steady, but pound pain persists

U.K. stocks held to thin gains Monday, feeling the weight of persistent strength in the pound against the U.S. dollar, but the London benchmark was aided by gains for energy companies and Barclays PLC.

Meanwhile, shares of bookmakers were slammed lower on fears that a possible regulatory move by the British government will cut into their revenue.

How markets are moving: The FTSE 100 index UKX, +0.07% was up less than 0.1% at 7,731.14, but the index had been down as much 0.3% as trading got underway.

Health care, utility, oil and gas and telecom stocks rose, but decliners were led by the consumer services, tech and industrial groups.

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