FTSE hot on copper prices

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In the UK FTSE 100 Index added 39.50 points, or 0.7%, to 5453.10 points, sending the benchmark to a four-year high.

Mining shares such as BHP Billiton led gains after copper prices climbed for the fifth day in six. BHP, the world's largest mining company, increased 30.5p, or 3.5%, to 891p. Copper for delivery in three months on the London Metal Exchange gained 1.5% to $3,780 a metric ton after a decline in global stockpiles renewed concern that demand may exceed supply. Rio Tinto, the world's third-biggest mining company, climbed 97p, or 4.5% to 2,266p. Antofagasta, the owner of three copper mines in Chile, advanced 43p, or 2.9%, to 1,545p. Kingfisher, the world's third-largest home-improveme...

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