Wednesday, 1 August 2012

Earnings help lift Britain's FTSE 100, Fed eyed

LONDON Aug 1 (Reuters) - Britain's blue chip stocks edged

higher early on Tuesday as upbeat results from the likes of

Standard Chartered and Antofagasta occupied

investors minds ahead of announcements from policymakers in the

U.S. and Europe.

By 0707 GMT, the FTSE 100 was up 17.96 points, or 0.3

percent, at 5,653.24, having closed 0.8 percent lower on Tuesday

as the UK's benchmark index ended the month on a downbeat note

after Germany reiterated its opposition to a banking licence for

the new bailout fund for Europe.

Asia-focused bank Standard Chartered rose 2.1

percent after it reported a half-year profit that beat market

expectations, and miner Antofagasta added 1.9 percent

after posting an increase in second quarter copper output,

setting it on track to hit its full-year target.

(Written by David Brett; Editing by Toni Vorobyova)

Source: http://news.yahoo.com/earnings-help-lift-britains-ftse-100-fed-eyed-071148333--sector.html

alex smith 49ers miss america 2012 hgtv dream home patriots vs broncos contraband denver vs new england denver broncos vs new england patriots

No comments:

Post a Comment