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According to Reuters, the European stock exchange index experienced an increase of 0.6 per cent at 1,094.60 points by 12:14 GMT after equities went up on the continent.
The news provider noted that the British Gas producer BG Group experienced forecast-beating results as it rose by 2.6 per cent after reporting a 12 per cent rise in third quarter net profit in comparison with the same period in 2009.
BP was another company to manage an increase after it gained 1.3 per cent, although it dented profits by upping expectations on the total cost of the Mexico oil spill to $40 billion (£24.99 billion).
Overall, shares of the oil giant have fallen by 28 per cent this year, while the FTSE 100 - on which it was revealed today that miners and metal-related stocks make up the third largest sector - has experienced a 5.9 per cent rise in the same period.
Posted by Greg Secker
