London’s FTSE 100 was up 0.7% at 7,546.29 in afternoon trade on Wednesday.
Miners were the standout gainers on the index as metals price rose, with Antofagasta, BHP, Anglo, Rio Tinto and Glencore all higher.
Sainsbury’s was up after the supermarket group raised full-year profit forecasts despite a fall in underlying sales over Christmas. It now expects underlying pre-tax profit of at least £720m compared with previous guidance of at least £660m and £356m made in 2020-21.
Housebuilders Taylor Wimpey and Barratt Developments were both trading down after share placings.
FTSE 100 – Risers
Antofagasta (ANTO) 1,441.00p 7.38%
BHP Group (BHP) 2,392.00p 5.21%
Anglo American (AAL) 3,391.00p 4.69%
Rio Tinto (RIO) 5,493.00p 3.62%
Evraz (EVR) 617.60p 3.35%
BP (BP.) 381.05p 3.10%
Glencore (GLEN) 399.80p 3.09%
Royal Dutch Shell ‘B’ (RDSB) 1,810.40p 2.89%
Royal Dutch Shell ‘A’ (RDSA) 1,808.60p 2.85%
Sainsbury (J) (SBRY) 286.80p 2.69%
FTSE 100 – Fallers
Taylor Wimpey (TW.) 162.75p -4.24%
Barratt Developments (BDEV) 686.20p -3.22%
Smith & Nephew (SN.) 1,303.50p -2.61%
Electrocomponents (ECM) 1,165.00p -2.10%
Persimmon (PSN) 2,629.00p -1.90%
Ocado Group (OCDO) 1,542.50p -1.88%
Croda International (CRDA) 8,784.00p -1.77%
BT Group (BT.A) 174.10p -1.72%
Berkeley Group Holdings (The) (BKG) 4,570.00p -1.68%
Legal & General Group (LGEN) 302.80p -1.56%
