UK stocks inched higher at the opening bell on Thursday, ahead of key U.S. inflation data, but lagged a broader rally in Europe after heavyweights including HSBC and Rio Tinto weighed as their shares traded without the entitlement of dividends.
The blue-chip British stocks gauge was still on track to extend gains after its biggest daily gain in three weeks on Wednesday.
Spirax-Sarco (SPX.L) shares fell 5% after the firm reported first-half profit and revenue below expectations.
A much-awaited U.S. inflation report due later in the day will help investors gauge the trajectory of the Federal Reserve’s policy path.
FTSE 250 stocks (.FTMC) edged higher by 0.2%.