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FTSE 100 bounces back, Experian's outlook helps main board

Published 11/12/2019, 04:25 PM
Updated 11/12/2019, 04:32 PM
FTSE 100 bounces back, Experian's outlook helps main board
UK100
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AVV
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FTMC
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EXPN
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BMEB
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(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 up 0.4%, FTSE 250 up 0.1%
* Data provider Experian tops main index
* Discounter B&M weighs on midcap

Nov 12 (Reuters) - UK blue-chip stocks edged higher on
Tuesday, attempting to recover after being hit by escalating
Hong Kong tensions and downbeat trade rhetoric in the previous
session, while credit data firm Experian boosted the main board
after it upgraded its revenue target.
The FTSE 100 .FTSE was up 0.4% as at 0805 GMT, and the
midcap index .FTMC rose 0.1%, a day after Brexit Party leader
Nigel Farage gave Tories a massive boost by saying he would not
contest in the Dec. 12 election.
Among blue-chips, Experian EXPN.L climbed nearly 3% after
it upgraded organic revenue growth target on the back of strong
business in its main North American market, while industrial
software company AVEVA AVV.L added 2.7% after upbeat results.
Discounter B&M European Value Retail BMEB.L weighed on the
midcap index with a 10% drop, after it said it was undertaking a
review of its German unit to decide the future of the poorly
performing business.

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