The FTSE 100 index has pulled back 23 points or 0.4% to 5861.4 points, led by mining company Anglo American.
AngloAmerican has jumped 47p or 2.1% to £22.70, International Power has climbed 4p, or 1.4%, to 297.75p and Capita Group has added 6.5p, or 1.3%, to 522.5p.
On the downside, Royal Bank of Scotland has fallen 0.52% to £17.10 after its figures received a muted response from invetors and despite a better than expected 23% increase in half-year profits to £4.51bn.
British Airways has declined 3.28% to 376.25p after traders focused on higher fuel costs estimates for the year, now expected to be £550-£600m.
In Japan, the Nikkei 225 Stock Average climbed 28.81 points, or 0.2%, to 15,499.18 points after higher earnings at companies tempered speculation profit growth is slowing.
Mitsubishi UFJ, Japan's biggest bank, rose 30,000 yen, or 1.9%, to 1.58m, Millea Holdings, Japan's biggest insurer, advanced 40,000 yen, or 1.9%, to 2.2m and Nomura Holdings, the nation's largest brokerage, climbed 30 yen, or 1.5%, to 2,065.
Sumitomo Realty, Japan's largest property developer, climbed 60 yen, or 2%, to 3,040. The company said first-quarter net income rose 23% to 19.4bn yen from a year earlier, with a 49% jump in sales.
Mitsubishi Estate rose 25 yen, or 1.1%, to 2,380 and Mitsui Fudosan added 30 yen, or 1.2%, to 2,485.
In the US, the Dow Jones industrial average gained 42.66 points, or 0.38%, to end at 11,242.59 points yesterday after Procter & Gamble advanced amid signs of its growing market share.
P&G climbed for the second day in a row, with Thursday's gains following a disappointing profit report from Unilever, which suggested P&G was growing at its Anglo-Dutch rival's expense. P&G's shares rose 2%, or $1.16, to $59.45.
Morgan Stanley rose 2.4%, or $1.57, to $67.80, while rival Lehman Brothers Brothers Holdings gained 3.1%, or $1.97, to $66.17.
Caterpillar rose $1.98 to $72.73 and Boeing gained 1%, or 78 cents, to $79.40.IFAonline
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