Construction group Galliford Try announced on Wednesday it was to launch a cash call on investors to raise £150m in new share issues to help prop up its balance sheet following last month's collapse of joint venture partner Carillion
French bank Credit Agricole saw its fourth-quarter net income miss expectations on Wednesday after a number of one-off charges, including changes to tax rules in both France and the US
It was a more localised investment picture from Asia overnight
Stocks rose modestly on Tuesday after earlier choppy trading then rallying in the afternoon ahead of key inflation figures
Shares in sportswear company Under Armour rose 16% after fourth-quarter sales beat expectations.
There was a glum tone to US trading earlier
Blue Apron Holdings Inc shares jumped 7.5% in Tuesday premarket trading after it reported fourth-quarter losses that were better than expected.
Fizzy beverage giant PepsiCo reported fourth-quarter earnings with total revenue rising slightly to $19.53bn, topping analysts’ average expectation of $19.39bn, according to Thomson Reuters.