Mining stocks lead the way in London this morning as the FTSE 100 begins trading higher after the four-day break, up 89.04 points, or 2.11%, to 4,305.63.
A resurgent crude price has also boosted the oil giants, as the tension in the Middle East pushed prices over 5% higher to nearly $40 a barrel. Eurasian headlines the mining sector's surge, up 7.31% to 326.50 - closely followed by Kazakhmys and Anglo American, up 5.56% to 232.75 and 5.21% to 1494 respectively. RBS is also ahead after weekend reports suggested the bank has stopped the £7bn sale of its insurance arms. RBS has lifted 5.62% to 45.10. Property groups are in decline however, with recession concerns continuing to impact Hammerson, down 3.94%, and Liberty International, 3.1% ...
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