FTSE rise continues as Dow jumps 1%

The Dow Jones was boosted by growth in the manufacturing sector last month, while pending home sales increased by more than expected in October. The index was 105.73 points higher (1.02%) to 10,450.57 at 3:30 GMT. The FTSE 100 has followed the positive trend this afternoon, advancing 90 points (1.7%) to 5,280. Asia-focused bank Standard Chartered rebounded strongly as Dubai debt fears eased, up 4.92%. Mining group Fresnillo leads the blue-chip stocks, up 6.35%.