Gold prices edge higher on raised Fed rate cut hopes
(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 0.4%, FTSE 250 adds 0.1%
April 21 (Reuters) - London's FTSE 100 rebounded from a 2%
fall in the previous session to edge higher on Wednesday as
commodity stocks gained, while Just Eat Takeaway.com slipped to
the bottom of index following Uber Eats' plan to foray into the
German market.
The blue-chip index .FTSE rose 0.4%, with oil majors BP
Plc BP.L and Royal Dutch Shell RDSa.l adding 2.2% and 2.0%,
respectively, as Azerbaijan's energy ministry said BP's oil
output was 5.9 million tonnes in the first quarter. The domestically focussed mid-cap FTSE 250 index .FTMC
added 0.1%.
Just Eat Takeaway.com JETJ.L fell 4.3% after a media
report said Uber Eats is planning launch in the German food
delivery market, in a challenge to the food ordering and
delivery firm.