Global economic recovery hopes have fuelled further gains on the London market as investors put fears over unrest in Egypt behind them.
The FTSE 100 Index rose another 55.1 points to 6012.9 after Tuesday’s 1.6% surge spurred on by upbeat manufacturing data in both the UK and US.
America’s Dow Jones Industrial Average closed above 12,000 for the first time in two-and-a-half years overnight as the economic cheer offset any lingering concerns over Egypt’s political situation.
Miners and commodity stocks were among those benefiting from the improved growth outlook.
Eurasian Natural Resources was the sector’s biggest gainer, up 39p to 1076p, while Xstrata followed with a 38.5p gain to 1441p.
Mobile phone giant Vodafone was also in the spotlight after it confirmed the boss of electronics giant Philips would succeed outgoing chairman Sir John Bond.
Shares in the heavyweight blue-chip stock rose 2.2p to 179.2p.
In corporate news, merger talks between struggling retailer JJB Sports and its rival JD Sports Fashion sent shares in JJB 22% higher, up 1.1p to 5.7p as investors hoped for an end to its survival battle.
JD Sports shares eased by 6.5p to 841p.
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