Glaxosmithkline Share News (GSK)

- Better-than-expected manufacturing data from Asia- Eurozone jobless rate at all-time high- UK manufacturing PMI beats forecastsLondon's blue-chip index held on to gains on Monday morning with Barclays leading the risers as it continues to rebound after last week's sharp falls.Economic data from Asia helped to lift sentiment early on: China's purchasing managers' index (PMI) fell from 50.4 to 50.2 last month, according to the National Bureau of Statistics and China Federation of Logistics and Purchasing, beating forecasts of around 49.9; while Japan's Tankan manufacturers' sentiment survey improved from minus four to minus one in the second quarter, compared to expectations of an unchanged reading. The Eurozone's unemployment rate rose to 11.1% in May, in line with estimates and the highest since the creation of the Eurozone, according to the latest data from the region's statistics office, Eurostat. In domestic news, UK manufacturing PMI rose from 45.9 to 48.6 in June, well ahead of expectations of 46.5. However, with the sector still contracting (readings below 50 points), the pressure is mounting for the Bank of England to ramp up its asset purchase programme on Thursday when it announces its July policy decision.FTSE 100: Barclays rebounds after recent sell-offBarclays, the bank which last week was given a £290m fine for manipulating interbank lending rates, was a high riser today after revealing that its Chairman Macrus Agius has resigned. After numerous calls for CEO Bob Diamond to follow in Agius's footsteps, Investec analyst Ian Gordon said this morning that investors should "back Bob" and take advantage of the stock's recent underperformance.Royal Bank of Scotland (RBS) was flat after Oriel Securities downgraded its rating on the stock to 'hold'. It was revealed at the weekend that the bank had sacked several traders last year over the alleged manipulation of LIBOR. Insurance group Aviva advanced after announcing that Lord Colin Sharman has retired as Chairman and has been replaced by John McFarlane.Pharmaceuticals giant GlaxoSmithKline rose after revealing positive results from four pivotal phase III studies for its once-daily COPD treatment. The company said that the results of the studies support its intention to commence global regulatory submissions for the treatment from the end of 2012. Sector peer AstraZeneca was flat despite saying that Bristol-Myers Squibb's acquisition of Amylin Pharmaceuticals will strengthen the leadership position of its diabetes alliance with Bristol-Myers in a "growing area of high unmet medical need". Astra will make a payment of $3.4bn in cash to Amylin once it becomes a wholly-owned subsidiary of Bristol-Myers. Serco, the international services company, rose after it signed an agreement to dispose of most of its operations in Germany in a transaction with the local management team. FTSE 250: SOCO jumps over 8%Oil and gas group SOCO International surged after entering into a 'conditional' agreement with Lizeroux Oil & Gas to acquire the 20% minority interest in SOCO Vietnam that the group does not already own. Insurance group Catlin fell after Jefferies downgraded the stock as part of its review into the European insurance industry: "With Catlin now close to our price target, we downgrade to 'hold' also noting higher end US windstorm exposure and a broadly untouched reinsurance deductible." FTSE 100 - RisersBarclays (BARC) 168.65p +3.56%Aviva (AV.) 281.90p +3.41%Petrofac Ltd. (PFC) 1,427.00p +2.81%Weir Group (WEIR) 1,571.00p +2.68%Whitbread (WTB) 2,071.00p +2.12%BP (BP.) 430.05p +1.92%Rio Tinto (RIO) 3,077.00p +1.92%Amec (AMEC) 1,021.00p +1.90%Prudential (PRU) 751.00p +1.76%WPP (WPP) 786.50p +1.75%FTSE 100 - FallersShire Plc (SHP) 1,782.00p -2.73%British Sky Broadcasting Group (BSY) 688.00p -1.22%Smith & Nephew (SN.) 630.00p -1.18%Vodafone Group (VOD) 177.45p -1.00%Admiral Group (ADM) 1,183.00p -0.76%Morrison (Wm) Supermarkets (MRW) 264.40p -0.64%Pearson (PSON) 1,259.00p -0.55%AstraZeneca (AZN) 2,838.00p -0.53%Next (NXT) 3,184.00p -0.47%Capital Shopping Centres Group (CSCG) 320.90p -0.34%FTSE 250 - RisersSoco International (SIA) 310.90p +7.43%Imagination Technologies Group (IMG) 499.50p +7.05%Fenner (FENR) 380.80p +5.40%Aquarius Platinum Ltd. (AQP) 48.11p +5.37%Kenmare Resources (KMR) 41.50p +5.06%Travis Perkins (TPK) 1,019.00p +5.00%Ashtead Group (AHT) 271.40p +4.42%Shanks Group (SKS) 79.25p +3.80%Smith (DS) (SMDS) 152.70p +3.60%Oxford Instruments (OXIG) 1,269.00p +3.42%FTSE 250 - FallersAvocet Mining (AVM) 81.00p -10.05%Ocado Group (OCDO) 75.40p -2.96%Halfords Group (HFD) 223.60p -2.44%Euromoney Institutional Investor (ERM) 731.00p -2.08%Spirit Pub Company (SPRT) 49.75p -1.97%Debenhams (DEB) 85.25p -1.45%Catlin Group Ltd. (CGL) 419.80p -1.34%Perform Group (PER) 395.00p -1.25%Ruspetro (RPO) 133.50p -1.18%Home Retail Group (HOME) 83.65p -1.18%FTSE TechMARK - RisersAsterand (ATD) 1.05p +13.51%Phytopharm (PYM) 6.20p +5.53%Timeweave (TMW) 21.00p +5.00%Hiwave Technologies (HIW) 1.50p +3.45%Gresham Computing (GHT) 61.00p +2.95%Electronic Data Processing (EDP) 43.50p +2.35%Oxford Biomedica (OXB) 2.40p +2.13%Kofax (KFX) 256.25p +2.09%NCC Group (NCC) 815.00p +2.07%Sepura (SEPU) 68.25p +1.87%FTSE TechMARK - FallersBATM Advanced Communications Ltd. (BVC) 14.00p -4.27%Emblaze Ltd. (BLZ) 51.60p -3.55%AEA Technology Group (AAT) 0.20p -2.44%Vectura Group (VEC) 76.00p -0.98%Skyepharma (SKP) 78.25p -0.95%Phoenix IT Group (PNX) 180.00p -0.83%Microgen (MCGN) 139.00p -0.71%Ricardo (RCDO) 340.00p -0.58%Psion (PON) 87.00p -0.57%Consort Medical (CSRT) 700.00p -0.57%