(RTTNews) – U.K.’s FTSE 100 remains firmly up in positive territory a little past noon on Thursday, with investors reacting to a slew of encouraging corporate earnings announcements. Energy and mining stocks are faring well.
The benchmark FTSE 100 was up 57.00 points or 0.6% at 9,572.00 nearly half an hour past noon.
Shares of pest control firm Rentokil Initial Plc is rising 11.5% after the company’s third-quarter organic revenue growth topped estimates.
London Stock Exchange Group is surging 7%, after raising its margin guidance. The company has also announced a 1 billion pound buyback.
Fresenillo, Endeavour Mining, BP, Burberry Group, Shell and Anglo American Plc are up 2 to 5%.
Lloyds Banking Group is gaining 1%. The lender reported a sharp drop in third-quarter profit and lowered its annual guidance.
Consumer goods maker Unilever is rising nearly 1.5% as it reported a 3.9% rise in…
