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UK shares rebound; Aston Martin misses out

Published 07/01/2020, 09:29
Updated 07/01/2020, 09:36
© Reuters.  UK shares rebound; Aston Martin misses out
UK100
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BP
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MRW
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SBRY
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HBR
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FTMC
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AML
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100 up 0.2%, FTSE 250 up 0.4%

* Aston Martin slides on profit alert

* Retailers lead gains on main index

Jan 7 (Reuters) - UK shares rebounded on Tuesday in the

absence of any immediate escalation in the Middle East tensions,

while a strong Christmas performance update from supermarket

group Morrisons lifted the sector.

The FTSE 100 .FTSE was up 0.2% by 0809 GMT, with gains led

by supermarket groups Morrisons MRW.L and Sainsbury's

SBRY.L .

The killing of a top Iranian military commander by the

United States had sparked a selloff on Monday, with both the UK

benchmark indexes losing nearly 1%.

Midcaps .FTMC added 0.4% as Premier Oil PMO.L shares

surged 12% after a deal to buy certain BP BP.L assets, more

than offsetting an 11% slide in luxury carmarker Aston Martin

AML.L following a profit warning.

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