Reuters: Hot Stocks: UK's FTSE edges back up from 10-week lows

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

UK's FTSE edges back up from 10-week lows Apr 18th 2013, 07:12 LONDON, April 18 | Thu Apr 18, 2013 3:12am EDT LONDON, April 18 (Reuters) - Britain's benchmark share index edged back up on Thursday, following sharp losses in the previous session, helped by some solid earnings by leading blue-chip companies. The blue-chip FTSE 100 was up by 0.3 percent, or 15.63 points higher, at 6,259.84 points by 0705 GMT - recovering slightly after it had fallen 1 percent to a 10-week closing low on Wednesday. Drinks group SAB Miller rose 0.6 percent after posting higher revenues. GlaxoSmithKline rose 3.4 percent to the top of the FTSE 100's leader board after an advisory panel recommended that the U.S. Food and Drug Administration approves an experimental treatment for smoking-related lung damage co-made by the British healthcare company. (Reporting by Sudip Kar-Gupta; Editing by Toni Vorobyova)

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