Telecoms giant BT leads the risers in early trading on Friday as markets edged higher once more.
As of shortly after 9am, the firm was almost 4p better, or 4.19%, at 96.9p, after Bank of America-Merrill Lynch raised its recommendation from neutral to buy and raised its price target from 110p to 130p.
An hour after opening, the FTSE had advanced 0.19 points, or 0.08%, to 4,462.06.
Royal Bank of Scotland was also in demand, rising 1.6p to 41.3p, but Barclays slipped 4p to 300p following confirmation of the £8.2bn sale of its BGI business to US investment giant BlackRock.
Miners fell on Friday, with Vedanta Resources slipping 74p, or 4.24%, to £16.73 as it launched a $1bn convertible bond to help finance possible acquisitions.
Elsewhere, Antofagasta fell 18p to 685.5p while Kazakhmys dropped 18p to 741p.
An unexpected drop in jobless claims and improving retail sales helped Wall Street tick into the black on Thursday.
The Dow closed almost 32 points up, or 0.37%, at 8,770.92 while the S&P 500 and the Nasdaq both advanced.
A Labor Department report showed first-time jobless benefits claimants fell to 601,000, better than expectations. The Commerce Department said retail sales increased 0.5% in May after two months of declines.
Bank of America sat at the top of the Dow leaderboard after Morgan Stanley raised its profit estimates for the bank.
Japanese stocks surged for the second day, keeping the Nikkei 225 Stock Average above 10,000, as market recovery forecasts continued to boost sentiment. At close, the Nikkei had climbed more than 154 points, or 1.6%, to 10,135.IFAonline
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