Sunday, 26 May 2019

CORRECTED-London's FTSE gains, led by miners; Mothercare surges

CORRECTED-London's FTSE gains, led by miners; Mothercare surgesBritain's main index firmed on Friday, helped by strong gains in mining heavyweights, while retailer Mothercare jumped after it reported a narrower annual loss and a lower debt burden. The FTSE 100 was 0.5% higher by 0720 GMT while more domestically-focused midcaps were up 0.6%. Mothercare was the standout across UK indexes, up 19.1% to be on course for its best day in a year after its annual report showed restructuring efforts were paying off.




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