AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 131.00 Increased By ▲ 1.47 (1.13%)
BOP 6.95 Increased By ▲ 0.27 (4.04%)
CNERGY 4.56 Decreased By ▼ -0.07 (-1.51%)
DCL 8.95 Increased By ▲ 0.01 (0.11%)
DFML 42.60 Increased By ▲ 0.91 (2.18%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.80 Increased By ▲ 0.03 (0.09%)
FFBL 78.52 Increased By ▲ 3.05 (4.04%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.20 Decreased By ▼ -0.35 (-0.32%)
HUMNL 14.41 Decreased By ▼ -0.15 (-1.03%)
KEL 5.63 Increased By ▲ 0.24 (4.45%)
KOSM 8.45 Increased By ▲ 0.05 (0.6%)
MLCF 39.50 Decreased By ▼ -0.29 (-0.73%)
NBP 65.20 Increased By ▲ 4.91 (8.14%)
OGDC 200.75 Increased By ▲ 1.09 (0.55%)
PAEL 26.45 Decreased By ▼ -0.20 (-0.75%)
PIBTL 7.75 Increased By ▲ 0.09 (1.17%)
PPL 160.65 Increased By ▲ 2.73 (1.73%)
PRL 26.50 Decreased By ▼ -0.23 (-0.86%)
PTC 18.55 Increased By ▲ 0.09 (0.49%)
SEARL 82.61 Increased By ▲ 0.17 (0.21%)
TELE 8.19 Decreased By ▼ -0.12 (-1.44%)
TOMCL 34.37 Decreased By ▼ -0.14 (-0.41%)
TPLP 9.05 Decreased By ▼ -0.01 (-0.11%)
TREET 17.00 Decreased By ▼ -0.47 (-2.69%)
TRG 60.18 Decreased By ▼ -1.14 (-1.86%)
UNITY 27.70 Increased By ▲ 0.27 (0.98%)
WTL 1.41 Increased By ▲ 0.03 (2.17%)
BR100 10,693 Increased By 286.5 (2.75%)
BR30 32,041 Increased By 327.8 (1.03%)
KSE100 99,341 Increased By 2012.3 (2.07%)
KSE30 30,985 Increased By 792.7 (2.63%)

Britain's FTSE 100 rose on Tuesday as exporter stocks benefited from weakness in the pound after lawmakers voted to take control of the Brexit process while Ocado surged to a life high on its latest partnership deal.

The FTSE 100 was up 0.2 percent and the FTSE 250  was up marginally by 0836 GMT.

The pound's fall came after lawmakers wrested control of the parliamentary agenda from the government for a day in hopes of breaking a deadlock over Brexit and parliament will now hold indicative votes on a range of Brexit options on Wednesday.

International companies, which book a large amount of their earnings in the U.S. dollar, rose with pharmaceutical giant GlaxoSmithKline and Diageo, the world's biggest spirits company, leading the gains.

Ocado hit a life high on the main index with a near 4 percent rise after inking a partnership deal with Australia's Coles Group in its fifth major overseas deal in less than 18 months.

Housebuilders, considered to be exposed to an economic hit from Brexit, including Persimmon, Barratt, Berkeley and Taylor Wimpey rose between 1.2 percent and 3.1 percent after brokerage HSBC upgraded the stocks.

Traders also said parliament's vote to seize control of Brexit process could help the sector.

But Ferguson slid 9.2 percent and was on course for its worst day in three and a half years as the world's largest heating and plumbing equipment supplier said it expected trading profit for the year to be towards the lower end of analyst expectations.

Among the midcaps, housebuilder Crest Nicholson added 6.5 percent after naming Galliford Try's Peter Truscott as chief executive officer. Galliford's stock dipped 3 percent.

Medical devices maker ConvaTec surged 10 percent to its highest in a month after Swedish business daily Dagens Industri said several players are running the numbers on the company for a possible buyout.

Copyright Reuters, 2019

Comments

Comments are closed.