Rolls-Royce Holdings PLC hit a new 52-week high, surpassing its previous peak of £6.50, which the company achieved on February 19th.

British stocks ended mixed, with the FTSE 100 lifted by Rolls-Royce and LSEG's optimistic forecasts, while Ocado's slower rollout impacted the midcap index. Rolls-Royce shares surged as targets were raised,

Shares in the engine manufacturer soared by more than 15% after it also said it would buy back about £1 billion of stock from investors.