FTSE 100 lower as trade angst persists; Ocado outperforms

FTSE 100 lower as trade angst persists; Ocado outperforms

London's FTSE 100 slipped for a second straight day on fears that the U.S. ratification of a law backing Hong Kong protesters would dent progress made in trade talks with China, even as Ocado outshone after a partnership with Japan's Aeon. The main index gave up 0.5% by 0803 GMT, as trade-sensitive stocks such as Asia-focussed HSBC and miners weighed. The mid-cap FTSE 250 was flat by 0810 GMT.

Blue-chip online grocer Ocado jumped 13%, on track for its best day since May 2018, after signing a technology partnership with Japan's biggest supermarket operator, Aeon Co Ltd.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.