The FTSE 100 climbed 66 points, or 0.6%, to 10,702 on Wednesday morning, extending its advance after the opening bell and recovering from Tuesday’s decline.
Mining stocks led the move, with Rio Tinto up 1.9% and Antofagasta gaining 1.6% as investors returned to the sector following the previous session’s weakness.
Gold’s overnight recovery also supported precious-metals producers, with Endeavour Mining rising 1.6% and Fresnillo adding 1.5%.
The advance extended beyond resources. InterContinental Hotels Group gained 1.8%, SSE rose 1.6%, while Airtel Africa and Whitbread both advanced 1.4%.
The broader London market was also firmer, with the FTSE 250 up 0.4% to 24,470 and the FTSE 350 gaining 0.6%.
The FTSE All-Share rose 0.6%, while the AIM All-Share added 0.2%.
For investors, the early session points to a broad-based rebound rather than a purely mining-driven move, although resources remain the strongest source of support for the FTSE 100.
Investor takeaway: The FTSE 100 rebounded 0.6% to 10,702 in early Wednesday trading, with mining and precious-metals stocks leading the recovery. Gains were broad across the London market, suggesting the move extended beyond a narrow resources bounce.
