FTSE 100 stocks have started well this morning boosted by the overnight performance of the Dow Jones, with the index here up about 24 poits to 4,848.
Cairn Energy is up 35p to 1,077p.
ITV is up 2.25p to 105.75p.
HBOS is 13p up to 859p, after Halifax reported a surprisingly strong monthly house price index.
Betting firm William Hill leads the drop losing 7p to 548.50p.
In Tokyo, the Nikkei 225 Stock Average declined 0.4% to 11,442.95, led by TDK after analysts cut its rating on a forecast drop in demand for components.
TDK, a manufacturer of magnetic heads for disk drives, shed 2.4% to 7,370 yen.
Murata Manufacturing Co, a maker of ceramic capacitors used to regulate electricity in mobile phone handsets, dropped 1.9% to 5,550 yen.
In the US, the Dow Jones ended a miserable run climbing 25.05 points to 10,622.88 points.
It was the benchmark's first gain for six days when it closed late last night, led by Caterpillar up $1.36 to $93.58, along with Wal-Mart Stores up $0.76 to $54.05, after reporting a good Christmas period.
Home Depot ended $0.63 lower to $41.53.IFAonline
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