Positive attitudes and confidence reigned on the FTSE 100 index on Monday, as tobacco firms and mining giants made the best of the gains.
The FTSE 100 index eventually closed up 34.3 points or 0.73% to 4731points thanks largely to tobacco groups.
Tobacco giant Gallaher Group also rose 33p or 4.33% to 795p while rivals Imperial Tobacco added 61p or 4.46% to £14.30 and British American Tobacco gained 6.5p or 0.74% to 890p.
In the mining sector, giant Anglo American had another good day, as it gained 27p or 2.33% to £11.88 by the end of the day. Rival Rio Tinto added 19p or 1.31% to £14.70 and Xstrata rose a modest 12p or 1.33% to 912p.
And water services company Severn Trent closed the day up 21p or 2.25% to 953.5p.
Things did not go so well for Cairn Energy again, however, as the exploration firm had another bad day of trading on the back of last week announcing the reserves in its oil exploration were lower than expected. Cairn ended Monday down 65p or 5.83% to £10.50.
In the US, markets have made a good start, but the rise in the three indices have relatively modest gains by midday EST (5pm GMT).
The Dow Jones is currently up 39 points or 0.37% to 10,689 while the S&P 500index is up 3.3 points or 0.28% to 1,197.5 and the Nasdaq Composite index has gained just 2.1 points or 0.1% to 2,137.IFAonline
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