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2025-07-29 16:04:56
FTSE 100 Index Rises for Three Consecutive Days, Corporate Earnings Reports Diverge. ⑴ The UK's FTSE 100 Index rose slightly on Tuesday, extending its gains for the third consecutive trading day, primarily supported by strong corporate earnings reports. ⑵ AstraZeneca's second-quarter results beat expectations, driven by strong sales of its cancer drug. Its share price briefly rose 2%. Barclays Bank opened higher after announcing a £1 billion share buyback plan, but closed down 0.6% due to lower-than-expected overall revenue and weak US business. ⑶ Bakery chain Greggs saw 7% revenue growth in the first half of the year, despite unusually high temperatures impacting customer traffic. Investors remained cautious ahead of major central bank interest rate meetings this week.
