The FTSE 100 Index added 17.30 points, or 0.3%, to 5846.2 points, the highest since 11 June 2001, as platinum producer Lonmin triggered a surge among mining shares saying it may be taken over.
Lonmin surged 531p, or 25%, to 2,671p, its biggest jump since at least 1989. The company said it had been in talks which may lead to a bid for the company. Anglo American jumped 123p, or 6.1%, to 2,145p, while Antofagasta increased 80p, or 3.9%, to 2,115p. LSE shares also jumped 62.5p, or 8.2%, to 824p after it said it will raise the capital it returns to shareholders to £510m, or 200p per share, and start buying back shares. It rejected a £1.5bn offer from Macquarie Bank. Northern Rock jumped 50.5p, or 5%, to 1,150p while Bradford & Bingley rose 12.75p, or 2.8%, to 461.5p. The lender...
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