Financial Times FT.com

London stocks higher after JPMorgan results

By Neil Dennis

Published: July 16 2009 08:40 | Last updated: July 16 2009 16:45

London equity markets built on the gains of the previous three sessions after US bank JPMorgan reported surprsingly strong second-quarter results.

JPMorgan’s better-than-expected quarterly earnings report helped settle a market that had earlier been lower on concerns over smaller US lender CIT Group.

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