FTSE 100 down 0.1, FTSE 250 adds 0.1

April 13 Reuters The UK39;s FTSE 100 slipped in early trading on Thursday, snapping a fourday winning streak as weakness in crude prices dragged oil stocks, while gains in homebuilders capped some losses.

The commodityheavy FTSE 100 edged 0.1 lower, while the midcap FTSE 250 added 0.1 as of 0710 GMT.

Concerns over a potential U.S. recession led to a fall in crude prices, pulling the energy sector down 0.7.

Meanwhile, data from the Office for National Statistics ONS showed Britain39;s economy failed to grow as expected in February but a bounce in January was stronger than thought earlier.

Among single stocks, Tesco added 1.6 after Britain39;s biggest retailer reported its fullyear profit in line with its guidance.

Imperial Brands fell 1.8 after the tobacco group said its revenue for the firsthalf of the year would be slightly below a year earlier figures.

Homebuilders added 2.2 after the Royal Institution of Chartered Surveyors RICS survey showed Britain39;s housing market continued to feel the pinch of higher borrowing costs in March, but expected some improvement over the year ahead.

Reporting by Shristi Achar A in Bengaluru; Editing by Sohini Goswami

Source Reuters