The FTSE has opened trading in positive territory, but fears of a double-dip recession on the back of disappointing US and Chinese economic data still abound.
Shortly after opening, London's leading shares were up 0.3% to 4852, after advancing 0.7% on Friday.
Financials dominate the leaders, with Lloyds Banking Group - which is selling a portfolio of 40 private equity investments to a joint venture for £332m - up 1.19% to 55.35p and Aviva up 1.24%. Tui Travel, which has launched a green sub-brand leads the pack, is up nearly 2%.
After making gains on Friday, miners are amongst the morning's losers, with Vedanta Resources down 0.75%, Antofagasta down 0.71% and Fresnillo 0.62% in the red. Rio Tinto is also down after selling the remaining parts of its Alcan packaging business.
Despite the positive start to trading, investors are set for a nervy day on the back of last week's volatility when poor US housing, economic and employment data compounded fears of a slow-down in global growth. The Dow closed on Friday down 0.47% to 9686.
In Europe, the Germany's Dax is down 0.03% and France's Cac 40 is down 0.10%.
Data from China today also adds to concerns the world's third-largest economy is cooling, with the country's services industry index sliding to a 15-month low in June. The disappointing figures add to glum manufacturing indexes published last week.
In Asia, Japan's Nikkei edged higher and Hong Kong's Hang Seng is also down.
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