FTSE hits 2-mth closing high on banks

By Dominic Lau LONDON (Reuters) - The leading share index edged up by midday on Thursday as gains in banks offset weaker energy stocks, which fell on concerns over a tropical storm hitting production. By 11:28 a.m. the FTSE 100 was up 11.7 points, or 0.2 percent, at 5,539.8, after gaining 1.1 percent on Wednesday. Banks gained after U.S. stocks rose overnight as investors grew more confident that Fannie Mae and... [read full story]                    

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