UK midcaps recover on lower risk of no-deal Brexit

(Reuters) - UK midcaps recovered from early losses to edge higher on Monday on hopes that a no-deal Brexit will be avoided even though uncertainties persisted as lawmakers forced Prime Minister Boris Johnson to seek another extension from the European Union.An index of midcap companies added 0.4% by 0750 GMT, after initially dropping as much as 0.3%, while the exporter-heavy FTSE 100 advanced 0.6% as the pound stayed in the red.In a parliamentary showdown on Saturday, lawmakers voted in favour..