Wall St boosts FTSE

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The FTSE 100 Index gained 14.70 points, or 0.2%, to 6,044 points today following a bullish opening on Wall Street.

New highs for metal prices helped the miners rise even further. Kazakhmys gained 3.45% to 1,230p, BHP Billiton rose 5.03% to 1,180.50p and Rio Tinto ended 3.82% higher at 3,177p. London Brent crude hit a record high above $72 a barrel, taking Royal Dutch Shell up 1.68% to 2,003p, BP up 1.24% to 696.50p and BG Group 2.96% higher at 764p. British Land also gained 4.67% to 1,277p after UBS upgraded the shares to "buy" from "neutral" citing valuation grounds and raised its price target on the stock by 21% to 1,450p. Fuel sensitive transport firms led the fallers, with Carnival 1.76% lower...

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