Ferguson shares lead FTSE 100 higher
Shares in plumbing supplies group Ferguson topped the FTSE 100 on Tuesday after it reported rising profits and announced a £500m share buyback.
The firm, formerly called Wolseley, reported an 8.6% rise in annual revenues at its ongoing businesses, with trading profit up 8.7% to £1.03bn.
Ferguson shares closed up 4%, with the FTSE 100 up 29.27 points at 7,468.11.
Shares in bottling firm Coca-Cola HBC fell 1.4% after the company announced the death of its chief executive.
The company - one of the world's largest bottlers of Coca Cola - said Dimitris Lois had died on Monday.
Mr Lois had been on medical leave of absence since mid-September. The company said Michalis Imellos would continue in the role of acting chief executive.
Advertising giant WPP also featured among the biggest fallers, with shares down by 2.1% percent after Morgan Stanley sold 22.5 million shares.
WPP's shares have lost nearly 25% so far this year.
Shares in Greggs were 1.4% higher after the High Street baker reported rising sales.
In the three months to 30 September, total sales grew 8.6% with like-for-like sales up 5%. However, Greggs added that rising food ingredient costs were a "headwind".
On the currency markets, the pound dipped 0.25% against the dollar to $1.3242 and fell 0.46% against the euro to €1.1264.