Insurers, retailers lift London's FTSE 100; Moneysupermarket.com jumps [Reuters]
INTL CONSL AIRLNS S/ADR (ICAGY)
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Source: Reuters
IAG top FTSE 100 loser on Berenberg downgrades FTSE 100 up 0.2%, FTSE 250 adds 0.5% Oct 19 (Reuters) - London's FTSE 100 ended higher on Tuesday, aided by gains in insurers and retail stocks, while price comparison website Moneysupermarket.com was the top gainer in the mid-cap index after it agreed to buy cashback business Quidco. After falling as much as 0.2%, the blue-chip FTSE 100 index (.FTSE) rebounded to end 0.2% higher with insurers (.FTNMX303020) and retailers (.FTNMX404010) leading gains. British Airways owner IAG (ICAG.L) was the top loser, down 5.8% after brokerage Berenberg downgraded stock to "hold" from "buy", cut its price target on the stock to 200 pence from 230. However, expectations the Bank of England could hike rates towards the end of this year on rising inflation and supply chain pressures pushed the pound to its one-month high of 1.3810, limiting gains on the export-oriented FTSE 100 index. "The more that we see inflation data and put the pressure
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