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The FTSE 100 rose on Tesco’s strong results, despite declines in utilities and energy stocks.
The FTSE 100 edged up to 9,452.71 by midday Thursday, lifted by Tesco’s upgraded full-year profit forecast and stronger-than-expected results, which boosted its shares 3.4% to 446.9p.
The index hit a session high of 9,474.59 before closing slightly lower, as declines in utilities, tobacco, and energy stocks weighed on gains.
Experian fell 6.9% after Fair Isaac introduced a new licensing model that could reduce credit bureau profits.
Morgan Sindall surged 9.8% to 4875p on strong results, while 3i Group rose 3.9% after UBS upgraded it.
The FTSE 250 gained 0.1%, and European markets advanced, with France’s CAC 40 and Germany’s DAX 40 both up 1.2%.
U.S. futures showed mixed openings amid ongoing government shutdown concerns and delayed economic data.
El FTSE 100 subió gracias a los buenos resultados de Tesco, a pesar de la caída de las acciones de servicios públicos y de energía.