Reuters reports that top shares managed modest gains on Tuesday as solid results from blue-chips including drugmaker GlaxoSmithKline and energy firm BG Group more than offset an earnings miss from heavyweight BP.
Volume on the FTSE 100 .FTSE was thin, however, as investors waited for clarity from U.S. debt ceiling talks. The benchmark index ended up 4.47 points, or 0.1 percent, at 5,929.73, having traded within a 55-point range. Gains were capped by data showing anaemic British economic growth and an Italian debt auction which reignited investors' worries over the euro zone debt crisis...
Read more at http://uk.reuters.com/article/2011/07/26/uk-markets-britain-stocks-idUKTRE76P1CO20110726
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