FTSE 100 rises on miners boost, midcaps hit record high By Reuters

(Reuters) – London’s FTSE 100 edged higher on Thursday, boosted by gains in heavyweight mining stocks, while shares of Entain rose after its quarterly online net revenue leapt by 33%.

The blue-chip index rose 0.3%, with the British gambling group adding 1.5% even as a drop in total net gaming revenue for the first quarter outweighed a bump in online betting during coronavirus lockdowns.

Miners added 1%, providing the biggest boost to the index as they tracked higher metal prices.

The domestically focussed mid-cap FTSE 250 index also gained 0.3%, hitting a record high.

Among other stocks, home improvement retailer Kingfisher (LON:KGF) advanced 1.9% after Citigroup (NYSE:C) upgraded the stock to “neutral” from “sell”.