The FTSE 100 has bounced back over 4,700 for the first time since opening this week, with mining stocks at the forefront of today's strong gains.
At 10.30am, London's blue-chip index was 65.12 points higher (1.39%) to 4754.79. Miner Rio Tinto's strong interim earnings results has led its share price up 2.53% to £23.70; while Kazakhymys has climbed 3.59% to 909.5p and Lonmin is up 4.12% to £14.41. News of lower US stockpiles in crude saw the oil price climb above $72 a barrel, elevating the share prices of BP, Royal Dutch Shell, BG Group, Tullow Oil and Cairn Energy. Financial stocks also saw upward movement, with L&G adding 4.72% to 74.3p and RBS 3.9% higher at 47.72p. In the US, the Dow Jones closed Wednesday trading up ...
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