The FTSE was up 27.5 points (0.5%) to 5271.63 points, buoyed by gains among mining firms.
The mining sector continued yesterday's advance on the back of rising prices for copper, lead, nickel and tin. Eurasian Natural Resources is leading the way for the sector this morning, climbing 3% to 995.5p. Hedge fund Man Group heads the blue-chip index, up 5.3% to 239.9p, after successfully placing €600m of five-year notes. it has also been boosted by rumours rival BlackRock may be preparing to bid for it. Richard Marwood, manager of Axa Investment Managers' Ethical Distribution fund, bought Man Group's shares this month as a beta bet if inflation pushes equities upwards. Com...
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