Copper price rises help FTSE climb

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;02&sol;copper-price-rises-help-ftse-climb&period;jpg"><img class&equals;"alignnone size-full" title&equals;"The FTSE 100 Index advanced 43 points to 6040&period;8" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;02&sol;min-copper-price-rises-help-ftse-climb&period;jpg" alt&equals;"The FTSE 100 Index advanced 43 points to 6040&period;8"&sol;><&sol;a><&sol;p>&NewLine;<p>Mining stocks have pushed the FTSE 100 Index above the 6000 barrier as copper prices hit a record high&period;<&sol;p>&NewLine;<p>Continuing unrest in Egypt and ongoing fears over the health of the global economy have failed to dent world markets in recent days&comma; as London&&num;8217&semi;s top flight index advanced 43 points to 6040&period;8&period;<&sol;p>&NewLine;<p>The mood will be tested over the next few days&comma; with results due from Diageo and Rolls-Royce and the latest decision on interest rates from the Bank of England as policymakers grapple with inflationary pressures&period;<&sol;p>&NewLine;<p>But as copper prices hit 10&comma;122 US dollars &lpar;£6&comma;288&rpar; a tonne&comma; stocks in weighty miners made strong gains&period;<&sol;p>&NewLine;<p>Anglo-Swiss firm Xstrata&comma; boosted by a stock upgrade from Citigroup&comma; led the sector as it added 47&period;5p to 1464&period;5p&comma; while Rio Tinto was up 112p at 4609p and Vedanta Resources was ahead 43p at 2430p&period;<&sol;p>&NewLine;<p>Chipmaker ARM Holdings surged more than 3&percnt; to the top of the risers&&num;8217&semi; board after stockbroker Numis upgraded revenue forecasts for the Cambridge-based firm&period; Shares were ahead 20&period;5p at 608&period;5p&period;<&sol;p>&NewLine;<p>Packaging giant Rexam made a rare appearance near the top of the index&comma; after reports suggested the world&&num;8217&semi;s biggest beverage-can maker was set to sell a division which makes drink containers for more than £200 million&period; Shares were up 8&period;9p at 365&period;6p&period;<&sol;p>&NewLine;<p>Banks were among other stocks on the front foot as Barclays lifted 5&period;15p to 313&period;25p and Lloyds Banking Group cheered 1&period;45p to 65&period;2p&period;<&sol;p>&NewLine;<p>US stock futures were also ahead&comma; suggesting Wall Street could open at a 30-month high&period; American traders will be looking at consumer credit data for December and mulling over the implications of media giant AOL&&num;8217&semi;s 315 million US dollar &lpar;£195 million&rpar; buyout of online newspaper The Huffington Post&period;<&sol;p>&NewLine;<p>In corporate news&comma; Bellway offered some cheer from the property market as shares rose 16p to 655&period;5p&comma; although the rest of the sector was more subdued as Taylor Wimpey dropped 0&period;3p to 37p and Persimmon remained unchanged at 425&period;2p&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ededd344cd5">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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