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* FTSE 100 up 0.6%, FTSE 250 up 0.4%
* Global policy easing hopes help sentiment
* Supermarkets slip after downbeat Kantar data
* Results of Conservative Party leadership race eyed
July 23 (Reuters) - London's FTSE 100 rose on Tuesday,
tracking global stock markets, as investors opted for risky
assets on bets that major central banks would cut interest rates
soon, though shares of supermarket chains fell after weak
industry data.
All but one sector was in the black in early deals on
Britain's main stock index .FTSE , which rose 0.6%. The
domestically-focussed FTSE 250 .FTMC added 0.4% by 0708 GMT.
Firms that book a major chunk of revenue in U.S. dollars
also boosted the FTSE 100 as the pound fell on lingering worries
of a no-deal Brexit, with eurosceptic Boris Johnson widely
tipped to win the Conservative Party leadership and become the
next Prime Minister.
Tesco TSCO.L , Saisnbury's SBRY.L and Morrisons MRW.L
were down between 1.1% and 2.3% after data from market
researcher Kantar showed sales at all of Britain's big four
supermarket groups slowed over the latest 12 week period.