European stock markets climb on results of good company (AFP)

London (AFP) - European shares rose on Wednesday before stop interest rates, as investors digest the results of the giant equipment BP, Barclays bank and Ericsson telecom, alongside positive British data giant.

Benchmark FTSE 100 of the capital has acquired only from 0.10% to 6,075.17 points late morning deals and DAX 30 Frankfurt from 0.63% to 7,403.19 points.

In Paris, the CAC 40 advanced 0.50% to 4,065.32, then the index of OMX Stockholm firmed 0.20% to 1,166.70 points.

Later, on Wednesday, investors will switch their attention to the outcome of the meeting of two days the policy of the US Federal Reserve.

Federal Committee on the open market, the Central Bank should largely maintain interest rates at zero and 0.25%, where they have existed since December 2008.

US Fed Chairman Ben Bernanke will organize pending its first post-FOMC press conference - the first for any Fed Chairman.

"The emphasis today is the announcement of the FOMC and Bernanke press briefing policy," said economist VTB Capital Neil MacKinnon.

In London, BP shares gained 1.43% 470.85 pence after the Group of the energy has posted a jump of 17 percent in net profits in the first quarter.

Earnings after tax jumped to 7.124 billion (EUR 4.9 billion) in the back of surging oil prices, a year after have been affected by the disaster of U.S. oil.

However, BP also improved the cost of spill in the Gulf of the devastating Mexico of the year last at $ 41.3 billion. That compared with previous guidance of $ 40.9 billion.

Overall in Stockholm, hardware manufacturer of Swedish telecom that ericsson revealed that net profit exploded 224% to 4.1 billion kroner (460 million euros, $ 675 million) in the first quarter.

The figure was higher than the three billion kronor analysts consulted by Dow Jones Newswires expected.

In response, Ericsson shares climbed 9,57% to 88.15 SEK.

Disadvantage, the British bank Barclays saw its price drop after revealing that net profits in the first quarter, hit by falling revenues in its investment banking division.

London investors Meanwhile digested news that the economy accelerated in the first three months of the year, in accordance with the expectations of the market.

Gross domestic product British (GDP increased by 0.5% in the first quarter of 2011, after collapse of 0.5% in the fourth quarter of 2010, official data showed).

"The main event for the United Kingdom was this GDP release, which came in at 0.5% as planned." As of usual, stocks startled barely on the news, "note analyst IG Index David Jones."

Asian shares were mixed Wednesday despite a strong lead from Wall Street, suite of strong gains by top US companies, with traders in the Japan ignoring a cut in the country's debt rating outlook.

Tokyo has acquired 1.39%, while Hong Kong shares dropped 0.48%, mirroring losses on the continent in the rise of the concerns that Beijing will take fresh steps to contain the price of real estate.

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