The FTSE 100 Index has added 5.60 points, or 0.1%, to 6092 so far in morning with stocks including Royal Bank of Scotland Group gaining.
Royal Bank of Scotland, the UK's second-largest bank, has risen 58p, or 3.2%, to 18898. The bank said 2006 earnings will jump more than 11%, helped by corporate lending and a drop in bad loans as a proportion of revenue.
Man Group, the world's largest publicly listed hedge-fund manager, has advanced 6.5p, or 1.4%, to 486.5p. While Legal & General Group has also climbed 3.25p, or 2.2%, to 154.75p.
Mining stocks are on the rise after copper gained for the first time in three days in Asia. Lonmin, the world's third-biggest platinum producer, added 44p or 1.4 %, to 3215p.
Copper for delivery in February rose 620 yuan, or 1%, to 65,100 yuan ($8,321) a metric ton in Shanghai, fueling speculation other metals may continue to rise.
In Japan the Nikkei 225 Stock Average jumped 105.52 points, or 0.7%, to 16,371.28 as stocks rose to a one-month high after a government report showed the economic outlook is at its brightest for four month. Mitsubishi UFJ Financial Group and Tokyo Electric Power advanced.
Mitsubishi UFJ, Japan's largest bank by assets, rose 20,000 yen, or 1.4%, to 1.48m, reversing its earlier loss of as much as 1.4%. Sumitomo Mitsui Financial Group, the country's No. 3 lender, added 10,000 yen, or 0.8%, to 1.21m. It earlier dropped by as much as 0.8%.
Tokyo Electric advanced 70 yen, or 1.9%, to 3,760. Matsushita Industrial Electric, the maker of Panasonic-brand products, climbed 50 yen, or 2.3%, to 2,240. Takeda Pharmaceutical jumped 180 yen, or 2.4%, to 7,640.
Bridgestone jumped 85 yen, or 3.5%, to 2,550. The world's second-largest tire manufacturer agreed to buy Iowa, US-based Bandag, the world's largest retreader of bus and truck tires.
Sony advanced 70 yen, or 1.6%, to 4,580.
In the US the Dow Jones Industrial Average was up 48.23 points, or 0.39%, at 12,332.08 after a surprise acceleration in the services sector.
The market rallied for a second consecutive day, getting a lift from the Institute of Supply Management's report on the services sector. Its index of non-manufacturing activity rose to 58.9% from 57.1% in October.
A figure above 50 indicates expansion, so the ISM report indicated more robust growth in services, which make up the bulk of activity in the world's largest economy.
A separate report showed US labour productivity edged up a revised 0.2% in the third quarter. Unit labour costs in the nonfarm sectors were up 2.3%, revised downward from an estimated increase of 3.8%.IFAonline
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