By Sara Sjolin, MarketWatch

LONDON (MarketWatch) -- Traders in London reached for the buy button on Tuesday, sending the benchmark stock index higher for the first time this week.

The FTSE 100 index added 0.1% to 6,273.03, partly recovering from a 0.7% loss from Monday.

ARM Holdings PLC (ARMHY) posted the biggest gain in the index, up 3.8%, after a well-received third-quarter earnings report.

GKN PLC added 2.8% after the engineering group reported a rise in third-quarter pretax profit.

Oil firms were also on the rise, tracking a rise in oil prices. Shares of BP PLC (BP) rose 0.6% and Royal Dutch Shell PLC (RDSB) picked up 1.2%.

On a more downbeat note, shares of Reckitt Benckiser Group PLC lost 1.9%, after the consumer-products company cautioned that full-year sales would come in at the lower end of its previously forecast range.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) (NASDAQ:ARMH)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) Charts.
Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) (NASDAQ:ARMH)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) Charts.