UPDATE 1-Financials, oil keep FTSE 100 higher; Funding Circle hits all-time low [Reuters (UK)]
RSA INSURANCE GROUP (RSNAY)
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Source: Reuters
UPDATE 1-Financials, oil keep FTSE 100 higher; Funding Circle hits all-time low - Reuters 3 Min Read * FTSE 100 up 0.2%, FTSE 250 down 0.2% * Insurers gain as property reinsurance rates rise in Florida * Funding Circle slumps after cutting revenue outlook * Croda on track for 7th session in the red (Adds news items, analyst comment, updates share prices) By Shashwat Awasthi July 2 (Reuters) - Britain’s main index pulled back from its peak but remained higher on Tuesday, propped up by gains in financial and oil stocks, while mid-cap Funding Circle tanked after cutting its revenue forecast. The FTSE 100 was up 0.2%, but came off the more than nine-month high it hit in the previous session as focus shifted from a truce in U.S.-China trade dispute to the likelihood of an actual deal being struck any time soon. Financial stocks advanced for a sixth straight session and oil majors gained as crude prices benefited from producer club OPEC extending supply cuts until next March. Meanwhile, the
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