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FTSE 100 rises on tariff delay; Morrisons jumps on profit beat

Published 12/09/2019, 08:19
Updated 12/09/2019, 08:20
© Reuters.  FTSE 100 rises on tariff delay; Morrisons jumps on profit beat
UK100
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MRW
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FTMC
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100 up 0.1%, FTSE 250 up 0.2%

* Tariff delay boosts miners

* Morrisons rises after half-year report

Sept 12 (Reuters) - London's blue-chip index edged higher on

Thursday, as a two-week U.S. tariff reprieve on Chinese imports

lifted investor sentiment, while supermarket chain Morrisons

gained after its profit surpassed expectations.

The FTSE 100 index .FTSE rose 0.1%, boosted by heavyweight

miners after U.S. President Donald Trump agreed to delay

increasing tariffs on $250 billion worth of Chinese imports. The

mid-cap index .FTMC added 0.2% by 0707 GMT.

Morrisons MRW.L climbed 4% to the top of the FTSE 100

after the No. 4 grocer in Britain posted a 5.3% rise in

first-half pretax profit that beat analysts' forecasts and

announced a special dividend.

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