Miners were leading the FTSE 100 this morning as higher commodity prices continued to boost performance.
The benchmark blue-chip index had jumped 65.90 points (1.5%) to 4470.69 by 8:30a.m.
Stocks leading the pack were Kazakhmys, an international mining company, and copper producer Antofagasta.
Kazakhmys was up 5.18% to 731p, while the latter jumped 4.62% to 679p.
Companies falling included aerospace company Cobham, which slipped marginally by 0.29% to 169p, and BAE Systems, which fell 0.15% to 329p.
In Tokyo, the Nikkei 225 leapt to an eight-month high on Wednesday.
The benchmark index gained 170.63 points (1.7%) to sit at 9,957.45, helping investors envisage its possibility of reaching 10,000 in the near future.
Higher oil and metals prices, and hopes for a better consumer spending, aided car and shipping companies, along with retail businesses.
In the US, the Dow Jones failed to make any gains over night closing on Tuesday one point down to 8,763.06.
Howeverthe Nasdaq composite, managed to add 18 points (1%) to sit at 1,860 by Tuesday's close as technology stocks rallied off the back of news Texas Instruments had boosted its quarterly sales and earnings outlook.
This report added to a generally positive sentiment coming from the US, as higher commodity prices suggested an improving economy and as the government announced 10 banks were capitalised enough to begin paying back loans.IFAonline
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