The FTSE 100 index has ended the day up 35.5 points or 0.57% to 6,228, as miners held onto earlier gains with Xstrata leading the charge.
Swiss mining firm Xstrata posted the biggest gains for the day with a rise of 5.72% to £25.13, closely followed by Antofagasta which gained 2.77% to 529.5p, while Rio Tinto ended the day up 2.41% to £28.50.
ICAP also performed well with a rise of 2.58% to 487.75p, closely followed by British Energy Group which gained 2.5% to 512.5p following a broker upgrade, although gains were limited by Alliance Boots which fell 0.77% to 833p.
Cairn Energy was the biggest drag on the index, however, with a drop of 4.61% to £19.46 following reports of fading bid hopes, while Smith & Nephew dropped 2.33% to 482.5p, closely followed by Cadbury Schweppes which slipped 1.1% to 539p.
In the US, the Dow Jones Industrial Average is currently up 59.52 points, or 0.48%, to 12,377.02, as investors focus on better than expected earnings news and weak unemployment figures.
Honeywell International is posting the biggest gains with a rise of 2.39% to $42.86, closely followed by American Express which is up 2.12% to $61.24, while Home Depot has gained 1.71% to $39.78.
Du Pont is also off to a good start in early trading with a rise of 1.61% to $47.90, closely followed by Wal-Mart which is up 1.37% to $46.53, although gains are being limited by 3M Company which is down 0.39% to $78.94.
United Technologies is the biggest drag on the index so far with a drop of 2.65% to $62.51, closely followed by JP Morgan Chase which is down 0.42% to $47.40, while Boeing has also slipped 0.13% to $89.48.IFAonline
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