The FTSE 100 climbed this morning after the US saw some strong company reports, up 40.03 points (1%) to 4,058.26.
Investors are currently awaiting official GDP figures, which could have dramatic effects on shares later today.
Mining firms performed well in early trade, with Xstrata adding 3.8% to 545p, while Kazakhmys added 3.7% to 494p. Cable & Wireless was the biggest winner after tech firms in the US saw strong first quarter performance.
Investment firms offset the blue chip index's gains, with Schroders down 1.6% to 748p while Foreign and Colonial Investment Trust dropped 0.8% to 223.75p per share.
On Wall Street, shares climbed after good news from the technology sector, with the Dow Jones up 70.49 points (0.89%) to 7,957.06 at close.
Apple shares climbed 3.2% after the company revealed better than expected profits and sales in the past quarter.
Shares in online auctioneer ebay also climbed, up 12.45%, despite posting a 22% fall in first quarter profits. The firm blamed the strong dollar for its performance, and says ancillary businesses such as PayPal and Skype have performed well.
In Tokyo, the Nikkei 225 plunged on Friday, down 139.02 points (1.57%) to 8,707.99, after some disappointing earnings reports dampened speculation of an economic recovery.Investment Week
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