(Reuters) – London shares opened higher on Tuesday, as investors awaited key domestic inflation data and the Bank of England's policy decision, while losses in… Ashtead Group (LON:) Gains capped.
The leading stock rose 0.5% to 8,181.64 points by 7:06 GMT, while the average stock rose 0.6%.
The index has been oscillating between the 8200 and 8100 levels over the past two weeks, with a sharper decline expected if the index falls below the 8100 level.
Meanwhile, investors are preparing for crucial domestic CPI data, due on Wednesday, and a closely watched Bank of England policy vote on Thursday.
between individual stocks Whitbread (LON:) rose 2.8% after the Premier Inn owner reiterated its annual forecast.
Ashtead Group shares were the biggest losers on the FTSE 100 index, falling 3.5% after the equipment rental company expected a slowdown in growth in the group's annual rental revenue for the 2025 financial year.
All sectors were in positive territory during the day.
The post London stocks open higher ahead of UK inflation data, cenbank decision By Reuters first appeared on Investorempires.com.