January 7, 2020 / 8:33 AM / 10 days ago

UK shares rebound; Aston Martin misses out

(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 was up 0.2% by 0809 GMT, with gains led by supermarket groups Morrisons and Sainsbury’s .

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 added 0.4% as Premier Oil shares surged 12% after a deal to buy certain BP assets, more than offsetting an 11% slide in luxury carmarker Aston Martin following a profit warning. (Reporting by Muvija M in Bengaluru; Editing by Arun Koyyur)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below