July 9, 2019 / 7:24 AM / a month ago

FTSE 100 dented by miners, Micro Focus; Ocado supports

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* FTSE 100, FTSE 250 down 0.2%

* Miners slip as copper prices ease

* Micro Focus down on lower HY revenue

* Ocado gains after affirming forecast

July 9 (Reuters) - London’s FTSE 100 dipped on Tuesday as mining stocks fell amid easing copper prices and software firm Micro Focus dropped after its half-year results, but losses were limited by gains in online grocer Ocado, which reaffirmed its annual forecast.

The main index and the mid-cap FTSE 250 edged 0.2% lower by 0715 GMT, with global markets continuing to scale back bets of a hefty rate cut by the U.S. central bank.

Miners were among the biggest drags on the blue-chip index as copper prices continued their recent slide on worries over waning demand from top consumer China.

Ocado added 3.7% after the company backed its annual forecast, even though its first-half core earnings nearly halved, partly due to the impact of a fire at its flagship robotic warehouse in February.

Micro Focus gave up 2.9% after posting lower half-year revenue. (Reporting by Shashwat Awasthi and Muvija M in Bengaluru; Editing by Arun Koyyur)

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