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Upbeat earnings lift UK stocks ahead of ECB meeting, U.S. inflation data
Published at 10/06/2021 at 08:09

(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 0.2%, FTSE 250 flat

June 10 (Reuters) - A clutch of upbeat corporate earnings reports lifted UK stocks on Thursday, while investors turned to a European Central Bank policy meeting and U.S. inflation data for cues on whether global central banks could start tightening monetary policy.

The export-heavy FTSE 100 rose 0.2%, tracking small gains in Asian stocks. The mid-cap FTSE 250 was flat.

Pharmaceutical , personal goods and insurance stocks were among the biggest sectoral gainers in the UK by 0702 GMT.

In company news, online trading platform CMC Markets

rose 1.5% as it said annual profits more than doubled.

BT Group jumped 2.9% to the top of the FTSE 100 as Patrick Drahi's Altice Group said it had taken a 12.1% stake in the company, becoming its largest shareholder.

(Reporting by Sagarika Jaisinghani in Bengaluru; editing by Uttaresh.V)

((Sagarika.Jaisinghani@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2256;))

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