The FTSE100 is up 26.80 and edging closer to 6000 at 5918.10 this morning, aided by a 31.00 increase for British Energy .
The nuclear operator was the top performing stock following rumours French supplier EDF was considering making an offer.
Other leading stocks included London Stock Exchange up 49.00, while AstraZeneca rose on news Morgan Stanley raised its price target and BT was another winner up 6.25.
However, financials including HBOS and Lloyds TSB had a rocky start to the day down 14.00 and 9.00 respectively.
In the US, the Dow Jones closed up slightly by 17 at 12,626 following slightly more positive comments on the financial situation by Ben Bernake.
Winners included Alcoa (up 2.11) and General Motors (up 0.62) while Caterpillar and Boeing were on the losers list down 1.44 and 0.71 respectively.
Meanwhile in Japan, stocks fell for the first time in four days led by car manufacturers on the back of concerns purchases of cars and parts will drop as the US economy slows. The Nikkei 225 lost 96.68, or 0.7%, to close at 13,293.22.IFAonline
'Integral part' of the financial planning process for many advisers
Proposals outlined at Labour Party conference
Finance industry working to stop fraud
Partner Insight: Cathi Harrison, director of para-sols and Apricity and Clare Farrell managing director at Northfield Wealth met in London recently to discuss how to stay on top of regulatory risk.
CEO labels whistle-blower as 'brave'