UK shares rise on positive earnings

UK shares edged higher on Thursday, buoyed by a slew of positive earnings reports, while investor caution ahead of a key U.S. inflation print capped further gains.

The benchmark FTSE 100 index (.FTSE), opens new tab was up 0.2%, as of 0922 GMT, while the mid-cap FTSE 250 (.FTMC), opens new tab rose 0.3%.

Sensodyne toothpaste maker Haleon (HLN.L), opens new tab gained 7.7% after it said it expected higher revenue in 2024, thanks to firm demand for its household products.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

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