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BP pulls FTSE 100 higher, slide in Aveva caps gains
Published at 27/04/2021 at 08:20

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

* FTSE 100 up 0.1%, FTSE 250 off 0.3%

April 27 (Reuters) - London's FTSE 100 edged higher on Tuesday, boosted by BP after upbeat earnings update, although the gains were capped by a slump in shares of Aveva Group following its CEO's exit.

The blue-chip index rose 0.1%, with oil major BP Plc

gaining 2.8% as its first-quarter profit more than tripled from a year earlier to $2.6 billion.

Its peer Royal Dutch Shell also climbed ahead of its results on April 29.

The domestically focussed mid-cap FTSE 250 index fell 0.3%.

Aveva Group fell 4.1% to the bottom of the index after its Chief Executive Officer Craig Hayman decided to quit.

(Reporting by Devik Jain in Bengaluru; editing by Uttaresh.V)

((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2062; ;))

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