FTSE 100 gets an early boost from miners while HSBC and Taylor Wimpey also rise - Market Report

Proactive - Interviews for investors

Good morning from London where the FTSE 100 jumped over 100 points as trading got underway on Wednesday. Among the risers was HSBC after the bank posted higher-than-expected second-quarter profit and unveiled a £3 billion share buyback. Housebuilder Taylor Wimpey also gained early on, as a reiterated target to build up to 10,000 homes this year appeared to overshadow a drop in interim profit. Rio Tinto climbed after reporting a 3% improvement in first-half pre-tax earnings and reassuring demand from China was expected to remain robust. GSK fell in the meantime, despite hiking full-year profit guidance following a 13% jump in second-quarter sales. #proactiveinvestors #marketreport #ftse #ftse100 #footsie #hsbc #taylorwimpey #riotinto #gsk #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews