Share trading has started well in the UK this morning, as the FTSE 100 Index had added 43.2 points to about 4784.7 after a slight recovery by the US dollar.
The benchmark index is paced by engineering group Tomkins, adding 6p to 254.75p.
Barclays have also added 9p to 552.50p this morning along with money managers Man Group, picking up 25p to £14.89.
Rentokil Initial,however, leads the drop sliding 1.25p to 153.25p.
Stocks in Japan were lifted by steelmaker JFE Holdings on speculation the industry will raise its prices with ongoing global shortages.
In Tokyo, the Nikkei 225 Stock Average index also added 1.3% to 10,977.89 points at close early Saturday morning.
JFE picked up 1.7% to 2,975 yen, while Nippon Steel, Japans biggest steel firm, increased 1.2% to 255 yen. Both steelmakers are forecasting record profits for this fiscal year.
Mitsui O.S.K., Japan's biggest tanker owner leaped 4.2% to 699 yen, while Nippon Yusen K.K., Japan's biggest shipping company, increased by 2.4% to 549 yen.
The surge in marine transport companies’ shares comes as a knock-on effect to the increase in prices of coal and other dry- bulk commodities.
In the US, the Dow Jones Industrial Average picked up 1.92 points to 10522.23 points at close late on Friday night, led by aluminium firm Alcoa adding $.89 to $34.64.
Merck & Co also increased $0.48 to $27.70, while parent company of Kraft Foods, Altria closed $0.83 higher at $58.19.
Computer maker Intel led the drop shedding $0.40 to $23.21.IFAonline
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