Stocks on the Continent are bounding higher, tracking Wall Street's rebound back to its year-to-date highs, with traders referencing strong company earnings as the main driver behind share price gains.
Cellular material technology developer Zotefoams on Tuesday reported a 64% jump in first-half profit as US sales increased after capacity expansion.
Shares in industrial supplies firm HC Slingsby dropped on Tuesday after the company reported falling profits amid the loss of large orders.
Commodity-related stocks paced gains on Tuesday following the release of figures overnight showing that China's foreign exchange reserves didn't jump last month.
London stocks extended gains on Tuesday, with strength in the commodity sector helping to offset some disappointing corporate updates, as investors brushed off trade war worries, focusing instead on the positive backdrop of Wall Street's push back towards its year-to-date highs.
Ocado was downgraded to 'underweight' at Barclays from 'equal weight' as while the online grocery business has been de-risked, this does not guarantee "unlimited upside" for the share price.
Ultra Electronics tumbled on Tuesday as Kepler Cheuvreux downgraded its stance on the stock to 'hold' from 'buy' saying there is limited upside pending the chief executive officer's review.
Interserve swung to a first-half loss of £6m from a profit of £24. 9m a year ago, though underlying profits at the construction and outsourced services group were improved on the second half of last year.
Down around 14% since the start of the year and with investors keen to hear more details about management's plans for a de-merger of its UK and European business, Prudential's half-year results look the ones to watch on Wednesday.
Industrial process management firm Ubisense saw its shares dip on Tuesday after the company forecast a drop in first-half revenue following the sale of a Japanese geospatial unit.
Griffin Mining on Tuesday reported a drop in first half pretax profit and said the rest of the year will prove “challenging” if commodity prices fail to improve.
Mineral exploration firm Ironridge Resources said on Tuesday it had defined a high-priority lithium pegmatite target at the Apam West license, part of its Cape Coast Lithium Portfolio in Ghana.
New Look said on Tuesday that it was seeing "green shoots" in womenswear as the retailer reported a stabilisation in first-quarter earnings.
US stocks rose in early trade on Tuesday, with the S&P near record highs as investors sifted through more earnings and brushed aside the latest trade war rhetoric from President Trump.
Water treatment and filtration solutions provider Amiad Water Systems announced on Tuesday that it provided its water filtration solutions for the Tuas Desalination Plant in Singapore, which was launched on 28 June as the country's third desalination plant.
Analysts at Bank of America-Merrill Lynch are hailing what they term a "healthier" US stockmarket, arguing that it is leading the deflation of the low volatility 'bubble'.
Jersey resident closed-ended real estate investment company LXB Retail Properties announced on Tuesday that, on 3 August, it completed the sale of its remaining land interests at Rushden Lakes, and was now freed from its obligations in connection with Phase 4, the Garden Square scheme.
Markets in Asia were mostly higher on Tuesday, as investors reacted to a strong session on Wall Street overnight and seemingly shrugging off the latest trade concerns in the ongoing war of tariffs between Washington and Beijing.
London's FTSE 250 was up 0. 38% at 20,629. 05 in afternoon trade on Tuesday.
The trading phase of liquidating failed government contractor Carillion has been completed and operations will now move to paying suppliers and investigating the conduct of the company’s directors, the government Insolvency Service said.