Business

Kingfisher climbs as FTSE 100 edges higher

City traders Image copyright Getty Images

Shares in retail group Kingfisher outperformed the market in morning trading, despite the firm's reporting of a 5.9% fall in half-year profits.

The B&Q and Screwfix owner was the FTSE 100's biggest riser, adding 6.7%.

Overall, the benchmark index was up 2.6 points or 0.04% at 7,277.85.

Drinks maker Diageo was the biggest faller, shedding 2.1% after warning that its revenues could be hit by a ban on selling alcohol along national and state highways in India.

On the currency markets, the pound was up 0.17% against the dollar at $1.3534 and was up 0.07% against the euro at 1.1275 euros.