FTSE 100 inches higher on energy boost; Ocado top gainer

  • 7/6/2021
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(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * FTSE 100 up 0.1%, FTSE 250 flat July 6 (Reuters) - London’s FTSE 100 inched higher on Tuesday, led by heavyweight energy and mining stocks, while Ocado was the top gainer on the blue-chip index after signing a new agreement for its software business. British online grocer and technology group Ocado jumped 1.1% after it said it had signed a new agreement with Auchan Retail to use its technology to develop Alcampo’s online business in Spain. The FTSE 100 rose 0.1% with energy majors BP and Royal Dutch Shell along with miner BHP Group being the top boosts. The domestically focussed mid-cap index was flat. Among stocks, British supermarket group Sainsbury’s rose 0.2% after it beat expectations for first-quarter sales though growth did slow sharply. (Reporting by Shashank Nayar in Bengaluru; Editing by Subhranshu Sahu) Our Standards: The Thomson Reuters Trust Principles.

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