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FTSE rises 0.18% in late morning trade (AFP)
LONDON (AFP) –
Shares in London rose slightly in late morning trade on Wednesday, rising 0.18 percent to 5,292.36.
continued on the front foot with indices rallying in early trade, led by the miners and banking stocks,” said Joshua Raymond, analyst at financial spread-betting firm City Index.
“With the US markets continuing to rally into the close last night and Asia markets climbing early this morning, this positivity has largely continued into the European session.”
of leading shares had closed higher on Tuesday on the back of a strong showing by mining stocks.
The index had ended 0.68 percent higher at 5,283.31 points.