London’s FTSE 100 was up 0.6% at 7,231.36 in afternoon trade on Friday.
JD Sports Fashion rallied after saying it had bought 80% of family-owned Greek firm Cosmos Sport for an undisclosed sum.
Miners Antofagasta, Rio and BHP were all higher as worries about Chinese property group Evergrande eased following reports that it had made an interest payment due on one of its bonds.
Richard Hunter, head of markets at Interactive Investor, said the news has “resulted in some small relief for mining shares, which have been under pressure in recent sessions given the large exposure to China”.
London Stock Exchange was under the cosh after it posted 7.6% growth in third-quarter income but cautioned that supply chain issues could delay some of its technology spending plans.
InterContinental Hotels lost ground even as it reported a “significant” jump in third-quarter room revenue towards pre-Covid pandemic levels after a rebound in bookings during the summer as travel restrictions were eased.
FTSE 100 – Risers
Polymetal International (POLY) 1,418.50p 3.01%
JD Sports Fashion (JD.) 1,065.00p 2.45%
Croda International (CRDA) 9,242.00p 2.44%
Antofagasta (ANTO) 1,463.00p 2.27%
DCC (CDI) (DCC) 6,224.00p 2.10%
Evraz (EVR) 636.00p 2.09%
Rio Tinto (RIO) 4,743.50p 2.03%
BHP Group (BHP) 1,965.60p 1.93%
Bunzl (BNZL) 2,599.00p 1.92%
Mondi (MNDI) 1,801.50p 1.89%
FTSE 100 – Fallers
London Stock Exchange Group (LSEG) 7,588.00p -6.14%
International Consolidated Airlines Group SA (CDI) (IAG) 155.08p -3.17%
InterContinental Hotels Group (IHG) 4,848.00p -2.96%
Associated British Foods (ABF) 1,722.00p -1.71%
Taylor Wimpey (TW.) 149.75p -1.64%
Rolls-Royce Holdings (RR.) 135.76p -1.62%
Next (NXT) 7,786.00p -1.59%
Whitbread (WTB) 3,120.00p -1.48%
Rightmove (RMV) 702.00p -1.35%
Auto Trader Group (AUTO) 604.00p -1.31%
