India, July 29 -- The U.K. market is up in positive territory around early afternoon on Tuesday with earnings news aiding sentiment to a notable extent. Bank and pharmaceutical stocks are among the notable gainers.
Investors are also looking ahead to some crucial economic data, and the monetary policy announcement from the Federal Reserve later this week.
The benchmark FTSE 100 was up 48.86 points or 0.53% at 9,130.30 a little while ago.
AstraZeneca is up 2.8% on strong earnings. The drug major said its second quarter profit climbed 30% to $3.13 billion from last year's $2.40 billion. Earnings per share were $1.57, up from $1.24 a year ago. Core earnings per share were $2.17 for the period.
AstraZenecas's EBITDA climbed 22% to $4.90 bil...