FTSE sets sights on 5,000 after 3% surge

London's leading index is up more than 142.70 points, or 2.96%, to 4,966.23. Miners are in strong demand on positive China sentiment, with Antofagasta adding 6.57%, Kazakhmys up 6.05% and Xstrata advancing 5.69%. BP has continued yesterday's rebound by gaining a further 2.96%. The oil giant was also boosted RBS upgrading the stock from 'hold' to 'buy', believing the pricing of the stock already reflects the worse possible scenario of the Gulf of Mexico spill. Banks were also amongst the risers, with Barclays' gaining 5.36%. US markets have opened strongly after the Independence ...