- Despite gains for the pound, as MPs apparent capture of some measure of control of Brexit is seen as reducing the chance of a no deal outcome, the FTSE 100 was still modestly higher by Tuesday lunchtime.

The 0.2% advance to 7,193.47 was supported by health care firms, miners and housebuilders. Across the pond, US futures pointed to a higher open on Wall Street as bond markets stabilized.


Online grocery company Ocado gained 4% to £13.05 after it revealed a new partnership deal for its delivery technology platform, this time with Australian grocery chain Coles.

Water infrastructure group United Utilities gained 0.6% on announcing that it expected to report a rise in annual revenue and underlying profit.

Premium carbonated drinks supplier Fevertree gained 2.7% to £26.11 a 36% rise in annual profit, as its margins were pressured by investment in its US expansion.

Drinks maker A.G. Barr ticked up 0.1% to 778p despite rising costs contributing to a small fall in its annual profit.

Plumbing group Ferguson plunged 10.3% to £46.39 on warning that it expected profits toward the lower end of market expectations, as growth moderated in the second half.

House builder Crest Nicholson jumped 7.4% after it revealed that it had poached Galliford Try head Peter Truscott as its new chief executive. Galiford Try shares fell 3.0%.


Michelmersh Brick Holdings gained 2.3% as it almost doubled its annual profit amid a strong housing construction market.

Mens' suit retailer Moss Bros dropped 5.9% to 22.5p as it sunk into the red and scrapped its final dividend, blaming weak demand, rising costs, asset writedowns and intense competition.

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