FTSE gets lift from strong commodity prices

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The FTSE 100 has opened in positive territory as higher commodity prices and a strong overnight showing from Wall Street and Asia buoyed investors.

At about 9am, London's leading index had edged up 0.4%, with miners Lonmin, Kazakhmys and Anglo American all advancing by nearly 2% on the back of stronger commodity prices. Crude oil futures settled above $101 a barrel on Wednesday - the first time they had broken the barrier in two weeks. Man Group is also trading well on the back of a healthy set of results which saw profit before tax rise to $599m in the year to 31 March from $560m the previous year. Across the Atlantic, commodity prices nudged the Dow Jones 0.3% higher to finish at 12,394.66. All eyes will now be on US GDP dat...

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