UK stocks edge higher, cybersecurity firm Darktrace soars on forecast lift

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Reuters UK

By Shashank Nayar (Reuters) -London’s blue-chip index rose on Tuesday, as global equities paused after a recent sell-off on concerns about tighter monetary policies, while midcap stocks bounced off near three-week lows with cybersecurity firm Darktrace in the lead. The internationally focussed FTSE 100 rose 0.4%, still lagging a 1% gain for its European peers such as Germany’s DAX and France’s CAC 40 that have been hit hard recently due to a bigger exposure to technology firms. [.EU] “UK’s market is less exposed to tech stocks and with the sector inherently being more volatile given their natu…

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