(For a live blog on European stocks, type LIVE/ in an Eikon
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* FTSE 100 up 0.6%, FTSE 250 up 0.2%
Sept 8 (Reuters) - British shares rose on Tuesday as a raft
of strong corporate earnings updates brewed optimism around a
post-pandemic economic rebound, while fresh Brexit negotiations
sparked concerns about a no-deal exit for the UK from the
European Union.
Britain began a fresh round of Brexit trade talks by warning
the EU that it was ramping up preparations to leave the bloc
without an agreement as the two sides bicker over rules that
govern nearly $1 trillion in trade. The FTSE 100 .FTSE rose 0.6%, gaining for a second
straight session, with financials and service-based companies
gaining the most, while the mid-cap FTSE 250 .FTMC added 0.2%.
Data analytics firm Experian EXPN.L jumped 4.1% to the top
of the FTSE 100 after posting higher second-quarter
revenue. British retailer Halfords HFD.L gained 3.3% after saying
its underlying sales of cycling goods surged 59.1% in the 20
weeks to Aug. 21.
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London stocks gain on set of strong corporate earnings; Experian jumps
Published 08/09/2020, 08:26
Updated 08/09/2020, 08:30
London stocks gain on set of strong corporate earnings; Experian jumps
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