StockMarketWire.com - Miners kept the FTSE's positive momentum going ahead of the Easter bank holiday, pushing the blue-chip index 0.2% higher to 7,056.

Anglo American (AAL) led the miners higher, rising 2.7% to £16.61. Rio Tinto followed with an increase of 2.5% to £36.11.

BHP Billiton (BLT) and Fresnillo (FRES) were also among the top risers.

Brent crude oil nudged 0.2% to $69.68 per barrel. Copper strengthened 1.1% to $3.03 per pound and gold was flat at $1,323 per ounce.

OVERSEAS MARKETS

Wall Street bounced back from yesterday's tech-sell off, with the Nasdaq up 0.9% at 7,010 around 4:45pm UK time.

The Dow Jones and S&P 500 were both up by approximately 1% each.

MID AND LARGE CAP RISERS AND FALLERS

Shareholders at engineer GKN (GKN) voted in support of Melrose's (MRO) takeover bid, causing shares in GKN to accelerate 9.4% to 463p. Melrose was up 3.4% at 231p.

High street bank Barclays (BARC) agreed to pay $2bn to settle a lawsuit surrounding the sale of mortgage-backed securities. Its shares were flat at 206.5p.

A positive broker note from Bernstein on supermarket Morrisons (MRW) helped the shares advance 2.4% to 213.5p.

CMC Markets (CMCX) warned it expects net operating income for its second half to be significantly above the prior year, prompting investors to mark the shares 9% higher to 169.2p.

Fertiliser development firm Sirius Minerals (SXX) said it is on track to deliver commercial production of rare material polyhalite. Its shares gained 2.5% to 30.3p.

Renewi (RWI) confirmed the sales of its Westcott Park anaerobic digestion facility to ABP Food's renewable division, but the stock fell 3.1% to 75p.

Investors had a negative read-cross from French rival Sodexo's cut in full year sales and profit margin forecasts to its UK-listed food services competitor Compass (CPG), which dropped 2.3% to £14.50.

Intellectual property-based businesses developer IP (IPO) nearly doubled its net assets to £1,508.5m, pushing the stock 6.7% higher to 114.6p.

A series of changes to private hospital operator Mediclinic's (MDC) board and its committee was received well by investors after the shares enjoyed a 5.1% boost to 601p.

SMALL CAP RISERS AND FALLERS

Shares in biotech firm C4X Discovery (C4XD) soared 98.9% to 112.4p on a licensing deal with addiction specialist Indivior (INDV). C4X Discovery reported the deal is for an addiction programme worth $294m.

Falling sales and profitability at wastewater treatment specialist Modern Water (MWG) in 2017 triggered a 24.7% fall to 7.6p.

Keller (KLR) rose 1.5% to 870p following its acquisition of geotechnical contracting company Moretrench for $90m.


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