Morning markets: Commodity price gains boost miners

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The FTSE was up 27.5 points (0.5%) to 5271.63, 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. Petropavlovsk, the miner that recently hired ex-BlackRock manager Graham Birch as a non-executive director, was up 4.3% at 995p. Eurasian Natural Resources rose 3% to 995.5p. Hedge fund Man Group also rose, by 5.3% to 239.9p, after it successfully placed €600m of five-year notes. Companies that were ex-dividend peppered the list of UK fallers. BP and Scottish & Southern Energy, each in this category, fell by 1.4% and 1.3% respectively. In the US, the Dow closed up...

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