RIO rio tinto limited

News: RIO FTSE 100 treads higher on brighter Sino-U.S. trade picture

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    • FTSE 100 up 0.1%, FTSE 250 up 0.2%
    • Asia-facing banks, miners aid main index
    • Kigfisher rises after naming new CEO
    • Investigation into payroll practices takes down Staffline

    June 27 (Reuters) - London's FTSE 100 nudged up on Thursday after a report that the United States and China had agreed to a tentative truce in their trade dispute charged solid gains in Asia-exposed financial stocks and miners.

    The FTSE 100 .FTSE edged 0.1% higher and the FTSE 250 .FTMC rose 0.2% by 0703 GMT.

    Shares of HSBC HSBA.L and Prudential PRU.L boosted the blue-chip index in early dealings, while miners such as Rio Tinto RIO.L also provided support.

    Home improvement retailer Kingfisher KGF.L rose 2.4% after it named Carrefour's CARR.PA Thierry Garnier as its new chief executive officer.

    Among smaller stocks, Staffline STAF.L dropped 24% after the recruiter said it has been investigating its financials after auditors received an anonymous email with "allegations related to its payroll and how it recorded invoices."

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     Market digest:	   .AD.L		   Top 10 by vol:	  .AV.L   
     Top price gainer   .NG.L		   Top % gainer	  .PG.L   
     Top price loser	.NL.L		   Top % loser	   .PL.L   
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Last
$115.44
Change
1.200(1.05%)
Mkt cap ! $42.85B
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No. Vol. Price($)
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Price($) Vol. No.
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