Copper prices pushes FTSE towards 5,500 mark

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The FTSE 100 has jumped 38.9 points or 0.71% to 5,498.9 - a slight drop from its earlier gains which at one point reached 5,531.6, its highest point since August 2001.

Rio Tinto Group and Anglo American led the advance after copper climbed to a record price. Rio Tinto, the world's third-largest mining company, climbed 34p or 1.43% to 2,414p, while Anglo American, the second- biggest, advanced 25p or 1.38% to £18.36, after copper for delivery in three months rose as much as 2.4% to $4,243 a metric ton. Standard Chartered, the emerging-markets banking group, topped the leaderboard at the close of trading with a rise of 40p or 3.22% to £12.83, while Lloyds TSB also performed well, with gains of 7p or 1.5% to 474.5p. British Land, Europe's second-l...

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