The benchmark FTSE 100 closed up 62.50 points today at 4,418.70 after UK stocks rose paced by mining companies.
ICI rose 24.75p to 230p after the chemical maker reported that demand is “good”.
Howver, mining stocks led today’s gains.
Rio Tinto Group advanced 35p to 1,397p after the company said demands from China boosted prices for iron ore, copper and coal.
Antofagasta, a copper miner in Chile, also added 35.5p to 1,000.5p.
Shire Pharmaceuticals jumped 32p to 468p. The drugmaker boosted its full-year earnings forecast and said it will pay a dividend for the first time.
In the meantime, Amvescap dropped 40.25p to a 14-month low of 265p. The company’s Invesco Funds Group unit in the US is currently being investigated for allegedly allowing inappropriate mutual fund trading.
BT Group also shed 5.75p to 189p after it announced fiscal first-quarter net income dropped 13% compared with the year earlier period.
Legal & General Group added 1.5p to 98.25p despite saying that first-half profit fell 17%. That said, this fall was less than analysts had expected.
Shell Transport & Trading Co. rose 10.75p to 400.75p, and BP jumped 16.75p to 514.5.
Overseas, trading is currently up as the Dow Jones Industrial Average index so far has gained 26.18 points to 10,143.25.
The S&P 500 index is up 5.18 points 1,100.60 and Nasdaq's Composite index has so far climbed 18.17 points to 1,876.43.IFAonline
What made financial headlines over the weekend?
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch