FTSE up 0.2 pct by midday; HSBC gains on strong Q3
* FTSE on track for fifth-straight session of gains
* HSBC gain after strong Q3; Barclays falls after results
* Vodafone doubles cost-cutting; H1 in-line
By Harpreet Bhal
LONDON, Nov 10 (Reuters) - Britain's leading shares were up 0.2 percent midday on Tuesday, led by HSBC (HSBA.L: Quote, Profile, Research) after the bank posted strong third-quarter results, offsetting weakness in peer Barclays (BARC.L: Quote, Profile, Research) and mobile phone group Vodafone (VOD.L: Quote, Profile, Research).
By 1150 GMT, the FTSE 100 .FTSE was up 12.32 points at 5,247.50, on track for its fifth straight session of gains. The market also drew strength from Wall Street overnight, where the Dow Jones industrial average .DJI reached its highest in 13 months.
Heavyweight HSBC rose 4.4 percent after it said its global banking and markets division was having a record year and that losses on consumer loans had shown their first fall in three years. [ID:nLA616591]
Gains in HSBC were in contrast to a 3.8 percent fall in Barclays (BARC.L: Quote, Profile, Research) shares. The bank said strong investment banking helped limit a fall in profit in the third quarter, but traders were pessimistic about the outlook for its investment banking operations in the coming months. Continued...
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