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* FTSE 100, FTSE 250 up 0.2%
* BP boosts main index as Q2 profit beats
* Centrica tanks to lowest since Aug. 1998
* Reckitt slips after forecast cut
July 30 (Reuters) - A surge in oil major BP offset steep
losses in consumer goods giant Reckitt Benckiser and energy
utility Centrica and lifted London's FTSE 100 to a fresh
11-month high on Tuesday.
The main index .FTSE added 0.2%, with BP BP.L providing
the biggest boost to the index after the company's
second-quarter profit topped estimates. The mid-cap FTSE 250
.FTMC also rose 0.2% by 0707 GMT.
British Gas parent Centrica CNA.L sank 10.1% to its lowest
level in more than two decades as it slashed its dividend and
said its chief executive would step down. Reckitt RB.L lost 5.3% after the maker of Durex condom and
Lysol disinfectant cut its full-year revenue view and said a
slowdown in demand for infant formula in the United States and
China had hit second-quarter sales.
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BP surge lifts FTSE 100 to 11-mth high; Centrica slumps
Published 07/30/2019, 03:28 PM
Updated 07/30/2019, 03:30 PM
BP surge lifts FTSE 100 to 11-mth high; Centrica slumps
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