Banks and miners lead FTSE gains

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The FTSE 100 has opened more than 2% higher in early trading with miners and banks seeing double digit percentage gains this morning.

At 8:30am, London's blue chip index was up 87.61 points, or 2.06%, to 4,330.83. Eurasian Natural Resources made the biggest increase, gaining 16.94% to sit at 725p, while Kazakhmys trailed close behind, soaring 15.68% to 682.50p. In the banking sector, both Royal Bank of Scotland and Lloyds Banking Group were among the top winners. The former rose 14.77% to 50.50p - while Lloyds meanwhile gained an impressive 11.04%, rising to 121.70p. Market falls were minimal with the biggest loser, Scottish and Southern Energy, slipping 1.63% to £10.87. It was followed by GlaxoSmithKline, down 1.55...

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