FTSE 100 lower as trade angst persists; Ocado outperforms

  • Reuters
  • Stock Market News
FTSE 100 lower as trade angst persists; Ocado outperforms
Credit: © Reuters.

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* FTSE 100 down 0.5%, FTSE 250 flat

* Trade worries weigh for 2nd session

* Ocado surges on Aeon partnership

Nov 29 (Reuters) - London's FTSE 100 slipped for a second straight day on fears that the U.S. ratification of a law backing Hong Kong protesters would dent progress made in trade talks with China, even as Ocado outshone after a partnership with Japan's Aeon.

The main index .FTSE gave up 0.5% by 0803 GMT, as trade-sensitive stocks such as Asia-focussed HSBC HSBA.L and miners .FTNMX1770 weighed. The mid-cap FTSE 250 .FTMC was flat by 0810 GMT.

Blue-chip online grocer Ocado OCDO.L jumped 13%, on track for its best day since May 2018, after signing a technology partnership with Japan's biggest supermarket operator, Aeon Co Ltd 8267.T .

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