FTSE settles at 5,020 as eurozone fears ease

Miners helped the FTSE advance more than 80 points after three hours' trading Wednesday as fears Europe's debt crisis could hamper global growth softened.

Shortly after 11am, London's leading index was up 1.6% at 5,020.8. Platinum miner Lonmin led the winners, gaining 99p, or 6.34%, to £16.60, while Eurasian Natural Resources advanced 5.85% to 958.5p and Kazakhmys climbed 5.69% to £11.33. Across Europe, the French Cac was 2.3% higher while Germany's Dax advanced 1.5%.   Earlier, Asian stock markets rebounded while, overnight, Wall Street bounced in late trading to end all but flat at 10,043. Asian markets rallied from a 10-month low as speculation of rising demand in China overshadowed European debt concerns. The Nikkei 225...