The FTSE 100 index today crossed another psychological barrier another 2 1/2 year high as the index closed over the 4900 mark.
The UK's benchmark index added 53.9 points during the day's trading session to close up 1.1% at 5906, and is now less than 100 points from the all important 5000 barrier.
While Logistics group Exel topped the FTSE table, adding 72p or 9% to 873p, shares in mining giant Xstrata added 38.50p or 4% to 963.5p, after analysts raised the share-price estimates of two leading mining firms.
Mining firms Anglo American also added 47p to 1279p, along with Amvescap, up 12p to 360p and BHP Billiton up 22.50p to 679.50p.
Corus meanwhile, shed 0.75p to 53p, along with MMO2 losing 1.75p to 124p.
In the US, stocks continue to rally on the Dow Jones Industrial Average, led by American Express after announcing that it will spin off its financial-advisory unit.
The benchmark has added 36.21 points to 10526.2 points in morning trading, while Amec is up $3.07 or 5.75% to $56.42.
Stocks also increased by a drop in oil prices with Exxon Mobil Corp adding $1.16 to $52.76.
Fast food brand, McDonalds meanwhile has shed $0.34 to $32.05.IFAonline
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