(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>.
(Reporting by Shashwat Awasthi in Bengaluru; Editing by Shounak Dasgupta)