BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks traded slightly higher on
Tuesday after industry data showed U.K. grocery inflation fell for a sixteenth
month in a row in June.

Annual grocery price inflation dropped to 2.1 percent in the month to 9 June
from 2.4 percent in the previous four-week period.

The benchmark FTSE 100 was up 37 points, or half a percent, at 8,179 after
finishing marginally lower on Monday.

In corporate news, Whitbread rallied 3.5 percent. The hotel group reiterated its
annual forecast despite posting flat first quarter sales.

Equipment rental firm Ashtead Group lost nearly 4 percent after it forecast
slower growth in rental revenue for fiscal 2025.

Frasers Group added 1 percent after launching a new share buyback program of up
to £80m to reduce share capital of the company.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX