*
FTSE 100 up 0.1%, FTSE 250 adds 0.1%
May 10 (Reuters) - UK stocks edged up on Wednesday, as investors refrained from making big bets ahead of inflation data in the United States, while aerospace firm Melrose rose to its highest in more than three years after forecasting sales in-line with expectations. Melrose Industries Plc said it will continue as a pure-play aerospace company after the recent spin-off of its automotive unit, sending its shares 5.8% higher. The blue-chip FTSE 100 rose 0.1%, with rate-sensitive banks adding 0.5%. Investors now eye April consumer inflation data in the world's largest economy, due at 1230 GMT, which could impact rate-cut expectations by the Federal Reserve this year.
The mid-cap FTSE 250 added 0.1% by 0719 GMT, with ASOS Plc among top losers. The retailer swung to a first-half loss, hurt by a squeeze on household budgets and elevated product returns, sending its shares 7% lower. (Reporting by Johann M Cherian in Bengaluru; editing by Uttaresh Venkateshwaran)
UK hot stocks: and Wall Street: Gilts report: Euro bond report Pan European stock report: Tokyo stocks: HK stocks: Sterling report: Dollar report:
* For company prices, click on -
* Company directory: By sector:
* For pan-European market data, click on -
* European Equities speed guide................ FTSE Eurotop 300 index........................... DJ STOXX index................................... Top 10 STOXX sectors........................ Top 10 EUROSTOXX sectors................... Top 10 Eurotop 300 sectors.................. Top 25 European pct gainers.................... Top 25 European pct losers..................... ))
