FTSE 100 inches higher on energy boost; Ocado top gainer
British online grocer and technology group Ocado jumped 1.1% after it said it had signed a new agreement with Auchan Retail to use its technology to develop Alcampo's online business in Spain. The FTSE 100 rose 0.1% with energy majors BP and Royal Dutch Shell along with miner BHP Group being the top boosts.
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London's FTSE 100 inched higher on Tuesday, led by heavyweight energy and mining stocks, while Ocado was the top gainer on the blue-chip index after signing a new agreement for its software business. British online grocer and technology group Ocado jumped 1.1% after it said it had signed a new agreement with Auchan Retail to use its technology to develop Alcampo's online business in Spain.
The FTSE 100 rose 0.1% with energy majors BP and Royal Dutch Shell along with miner BHP Group being the top boosts. The domestically focussed mid-cap index was flat.
Among stocks, British supermarket group Sainsbury's rose 0.2% after it beat expectations for first-quarter sales though growth did slow sharply.
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