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The FTSE 100 extended gains on Tuesday morning after HSBC (HSBA) reported stronger third-quarter profits than forecast, while BP (BP) struggled after profits slid by a third over the same period.
London’s blue-chip index inched up 0.1%, or 10 points, to 8,2096.
Leading the pack was HSBC, which climbed 4% to 720p after reporting a profit rise of 10% to $8.5bn (£6.6bn) in the three months to the end of September, which easily beat market forecasts of a 1.3% drop in profits.
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