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Nick Serff, an analyst at City Index, said that markets on the continent had advanced over one per cent today (June 10th), with a seven-month high in crude oil prices having an effect.
"The market is higher today, not due to a dramatic change of sentiment, but on high oil prices and strong metal prices," he commented.
Due to this, mining firms such as Kazakmhys, Antofagasta and ENRC have been in demand, Mr Seff explained.
He went on to note that investors seeking stock market tips will be watching out for US Trade Balance figures that are being published this afternoon, looking for "any surprises".
Yesterday saw oil prices rising to their highest level of 2009, nearing $71 in different markets around the world.
This is a rise of over 100 per cent on prices seen at the end of 2008.
