FTSE 100 heads higher
Monday 1st June 2009, 9:08AM BST.
The FTSE 100 headed 1.41 per cent higher in early trading to 4,480.23 by 08:30 BST as hopes for a global economic recovery continued.
Commodities led the rise, with Vedanta Resources up by 6.33 per cent and Kazakhmys up by 5.58 per cent, while Rio Tinto rose by 5.21 per cent.
Only Compass Group and Schroders were in the red, down by 0.63 per cent and 0.12 per cent.
The blue-chip index followed a rally on the US stock markets, as rising commodity prices helped mining firms and a falling dollar boosted multinationals.
The Dow Jones was up by 1.2 per cent at the close on Friday, while the S&P 500 rose by 1.4 per cent.
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