FTSE gains as metal prices rise

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The FTSE 100 Index has added 2.8 points, or 0.1%, to 5694.9 points this morning, as metal prices rise.

BHP Billiton has added 2.3% to 1,017p and Rio Tinto has gained 1.4% to 2,840p. Copper prices have advanced in London and Shanghai after a report showed orders for most US-made durable goods rose, fuelling speculation demand may outpace supply amid labour disputes and declining stockpiles. De Vere Group has climbed 3.2% to 840.50p after Permira Advisers said it may bid for the hotelier. Private equity company Permira said it is considering its next move after acquisition target De Vere agreed to be bought by AHG Venice for about £723.5m. In Japan, the Nikkei 225 Stock Average rose 28.3...

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