The FTSE 100 is up 37.6 points, or 0.59%, to 6,439.1 in early trading, following positive trading statements from Persimmon and AB Foods.
Associated British Foods is posting the biggest gains with a rise of 3.72% to 837.5p, closely followed by building group Persimmon which is up 3.3% to 314.71, while International Power has added 2.5% to 388.75p.
Insurer Old Mutual is also up 2.48% to 186p after it announced its full year results, while Intercontinental Hotels has added 2.37% to £12.54, although BSkyB is among the stocks dragging the FTSE lower with a drop of 0.44% to 562p.
Whitbread is the biggest faller with a drop of 0.76% to £16.95, closely followed by Lloyds TSB which has slipped 0.76% to 597.5p, while British Airways has fallen 0.49% to 561.25p, and 3I Group has declined 0.51% to £11.78.
In Japan the Nikkei 225 Stock Average added 26.93, or 0.2%, to 18,215.35, as commodity related stocks jumped after prices for raw materials including oil, gold and silver rose.
Mitsubishi, which generates the second-biggest proportion of its sales from crude and industrial fuel, climbed 70 yen, or 2.6%, to 2,815, while Inpex, Japan's biggest oil explorer, advanced 23,000 yen, or 2.3%, to 1.02 million, and Sumitomo Metal Mining, Japan's largest non-ferrous metal producer, surged 135 yen, or 6.5% to 2,200.
Elsewhere Mizuho Financial Group, the nation's second-largest bank, slid 15,000 yen, or 1.7%, to 860,000, while Mitsubishi UFJ Financial Group, the biggest, lost 10,000 yen, or 0.7%, to 1.51 million.
Nippon Steel, the world's second-biggest maker of the alloy, climbed 20 yen, or 2.4%, to 841, while JFE Holdings, Japan's second-largest steelmaker, advanced 150 yen, or 2%, to 7,820, and Sumitomo Metal Industries, the nation's third biggest, rose 15 yen, or 2.4%, to 640.
In the US on Friday the Dow Jones Industrial Average fell 38.54 points, or 0.3%, to 12,647.48, following a rise in gold and oil prices.
Microsoft was the biggest loser with a fall of 1.67% to $30, closely followed by JP Morgan Chase which ended down 1.18% to $51.03, while General Motors slipped 1.07% to $34.26.
Intel was also down 1% to $20.79, while Pfizer dropped 0.97% to $25.62, although losses were slightly limited by Procter & Gamble which climbed 0.17% to $64.82, while Du Pont added 0.66% to $52.99.
However Alcoa posted the biggest gains with a rise of 0.95% to $35.08, closely followed by Altria Group which advanced 0.64% to $85.38, while Exxon Mobil ended the session up 0.19% to $75.22.IFAonline
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