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(Close): Shares in London were almost unchanged on Tuesday, with the FTSE 100 index ticking 0.01% lower, or 0.4 points, at 6,632.42.

Broker Hargreaves Lansdown was the biggest faller after UBS bank started its coverage of the stock with a "sell" rating.

On the upside, Sports Direct led the way, rising 3.1%.

Prudential also performed well after the insurer reported that profits were boosted by its US and Asian businesses.

Outsourcing firm Serco rose sharply in early trading but lost ground during the rest of the day after reporting earnings.

The company's chief executive Rupert Soames said "trading was poor in the first half" but that the company was maintaining its profit guidance for 2014.

On the broader market, analysts said geo-political factors were still influencing trade.

"The Ukraine situation is going to be simmering for a while. We had a good bounce back yesterday, but we're still in a downtrend. I'd still be selling any decent rallies," said Berkeley Futures associate director Richard Griffiths.

On the currency markets, the pound was down 0.1% against the dollar at $1.6803, and 0.3% higher against the euro to 1.2580 euros.