Miners rebounded from yesterday's falls to lead the way in early trading this morning, driving the FTSE 100 up 22.3 points (0.4%) to 5,784.
Xstrata was up 2% at £12.86, after falling 1.6% yesterday on retreating commodity prices.
Kazakhmys climbed 1.5% to £15.50, after declining 3.2% yesterday after the spot price for copper declined from a 20-month high. Eurasian Natural Resources was also up this morning, 1.6% higher to £12.16.
Miners were also weaker yesterday on negative broker comments, disappointing first quarter results from US aluminium producer Alcoa and concerns over an easing of Chinese demand for raw material.
The FTSE's fallers this morning included a number of companies moving ex-dividend.
Legal & General, which hit a 17-month high yesterday on upbeat comments from its pensions team, fell back 2.4% to 91.3p. Capita Group, another to go ex-dividend, fell 1.3% to 787.5p.
Associated British Foods, which suffered a downgrade to sell from Deutsche Bank, dropped 1.8% to 969.5p.
In the US, the Dow Jones was steady, rising only 0.1% to 11,019.42 points.
Intel rose 1% to $22.77 on expectations of improved earnings from technology-related companies.
In Asia, Japan's Nikkei 225 index rose 0.4% to close at 11,204.9 points, while Australia's benchmark S&P/ASX 200 index gained 43.1 points (0.87%) to 4,994.7.
In Singapore, the Straits Times Index surged by 44.87 points (1.51%) to 3022.64 on Wednesday after the country's GDP surged 32.1% quarter-on-quarter in Q1, which also lifted the Singapore dollar. The Ministry of Trade and Industry (MTI) also expects the Singapore economy to grow by 9% in 2010.
In China, the Shanghai Composite rose 0.16% at 3166.18 points on Wednesday. In Hong Kong, the Hang Seng rose slightly by 17.90 points (0.08%) to 22,121.43, with the property sector adding 0.77%.
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