In the UK FTSE 100 Index added 39.50 points, or 0.7%, to 5453.10 points, sending the benchmark to a four-year high.
Mining shares such as BHP Billiton led gains after copper prices climbed for the fifth day in six. BHP, the world's largest mining company, increased 30.5p, or 3.5%, to 891p. Copper for delivery in three months on the London Metal Exchange gained 1.5% to $3,780 a metric ton after a decline in global stockpiles renewed concern that demand may exceed supply. Rio Tinto, the world's third-biggest mining company, climbed 97p, or 4.5% to 2,266p. Antofagasta, the owner of three copper mines in Chile, advanced 43p, or 2.9%, to 1,545p. Kingfisher, the world's third-largest home-improvemen...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes