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5.45pm Markets Update

The main European markets inched higher this evening due to positive company news, with gains limited by mixed economic data from the US.

In London the FTSE finished 0.8% higher at 5,365, with mining shares strong as metals prices rose. But the LSE fell almost 4% to 842p after reporting a drop in profits. In Paris, the CAC rose 0.7% to close at 3,809, while in Frankfurt the Dax added 0.6% to 5,803.

In Dublin, however, the ISEQ closed down 10 points (0.3%) at 2,873. AIB closed up 3% at €1.73, while insurer FBD jumped 5.4% to €6.85. Food group Greencore ended down a cent at €1.38 after reporting a drop in annual profits.

On Wall Street, the Dow Jones and the Nasdaq were both 0.2% higher at 10,449 and 2,173 respectively after a series of mostly positive economic figures ahead of the Thanksgiving Day holiday on Thursday. Earlier, Tokyo's Nikkei 225 index closed 0.4% higher at 9,442. The Hang Seng ended 0.8% higher at 22,612.