October 9, 2019 / 7:32 AM / 5 days ago

Banks help FTSE 100 bounce back despite U.S.-China trade jitters

(For a live blog on European stocks, type LIVE/ in an Eikon news window)

* FTSE 100 up 0.1%, FTSE 250 rises 0.2%

* GVC gains after forecast upgrade

* Just Eat tops blue-chip risers

Oct 9 (Reuters) - Gains in financial shares helped London stocks stage a recovery on Wednesday, even as the U.S.-China relationship strained ahead of a critical two-day meeting where the economic powerhouses will try to reach a resolution on trade.

The FTSE 100 edged up 0.1% by 0705 GMT, while the FTSE 250 rose 0.2%.

Just Eat climbed 1.4% to top gainers on the blue-chip bourse after its Dutch rival Takeaway.com reported a surge in quarterly orders.

Among midcaps, GVC added 3%. The Ladbrokes owner boosted its annual core earnings target for the second time in three months on robust demand in its betting shops despite tighter regulation. (Reporting by Muvija M in Bengaluru; Editing by Bernard Orr)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below