London’s FTSE 100 was up 2.4% at 5,939.27 in afternoon trade on Monday.
Equipment rental firm Ashtead was trading higher a day of the release of its first-quarter results.
Polymetal gained after an initial resource estimate confirmed the large scale and potential “substantial value” of its niobium and rare-earth metals project at Tomtor. The resource estimate of 13.2 metric tonnes of ore available for open pit mining was based on data obtained from the drilling of 652 holes since 1990 with a total length of 42 kilometres.
On the downside, business intelligence and exhibitions group Informa was a touch weaker after Goldman Sachs downgraded its rating on the shares to ‘neutral’ and cut the price target by 15%.
Banks were also in the red, with NatWest, Lloyds and Barclays all lower.
FTSE 100 – Risers
Scottish Mortgage Inv Trust (SMT) 897.00p 5.65%
M&G (MNG) 164.60p 4.57%
Avast (AVST) 554.50p 4.52%
Just Eat Takeaway.Com N.V. (CDI) (JET) 8,242.00p 4.49%
Experian (EXPN) 2,785.00p 4.31%
Ashtead Group (AHT) 2,669.00p 4.22%
Polymetal International (POLY) 1,999.50p 4.19%
Fresnillo (FRES) 1,320.50p 4.14%
Aveva Group (AVV) 4,895.00p 3.75%
Rolls-Royce Holdings (RR.) 225.60p 3.72%
FTSE 100 – Fallers
International Consolidated Airlines Group SA (CDI) (IAG) 212.00p -3.37%
NATWEST GROUP PLC ORD 100P (NWG) 105.95p -1.72%
Lloyds Banking Group (LLOY) 26.70p -0.91%
Evraz (EVR) 326.40p -0.24%
Barclays (BARC) 106.80p -0.07%
British Land Company (BLND) 353.30p 0.14%
Phoenix Group Holdings (PHNX) 676.60p 0.33%
Informa (INF) 396.60p 0.33%
Admiral Group (ADM) 2,566.00p 0.39%
BT Group (BT.A) 102.10p 0.44%