(MENAFN- ProactiveInvestors) London’s FTSE 100 made gains after the rally in US equities rolled on overnight.
Wall Street saw the S&P 500 and Dow Jones close at record highs and the positive momentum helped UK shares advance in early deals.
The blue-chip benchmark was up 10 points to 6587.
Trading is light as markets wind down heading into the Christmas break with many traders on holiday already.
Oil firms were struggling as Brent crude resumed its downward trend falling to US$60 a barrel after Saudi Arabia's oil minister said OPEC would not cut production at any price.
Shares () lost 16p to 870p and BHP Billion () slipped 13p to 1355p.
Company announcements are light and data will be limited. In the UK we have current account mortgage approvals and revisions to GDP and business investment data.
Health and hygiene company () lost 2% as it confirmed the demerger of its speciality pharmaceuticals business Indivior with shares in the separate company now trading on the .
() shares rebounded and () traded higher.
( ASX:FTE) was the top AIM riser up 33%. The firm expects to reveal a significant increase in uranium resources in its Slovakian joint venture.
Venn Life Sciences () jumped 6% higher. In a short trading update it said it is on track to at least double last year’s revenues of €2.04mln after reporting that November was a record month.
() rose 4% after announcing it has appointed Andrew Smith as the group’s financial controller and company secretary.
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