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At 09:26 BST the FTSEurofirst 300 benchmark index was up 0.4 per cent at 910.69 points, Reuters reports.
Rallies among banking and mining companies aided the climb, with Banco Santander, Deutsche Bank, Societe Generale and UniCredit all climbing.
Rio Tinto, BHP Billiton, Eurasian Natural Resources, Anglo American, Xstrata and Antofagasta rose by between 1.4 per cent and 2.4 per cent on the back of increasing copper prices.
And there were also jumps for a number of energy companies, as the price of crude oil edged closer to $69 (£42) per barrel.
Market strategist Joshua Raymond explained that a "phase of consolidation" could take place, due to the fact that the FTSE and DAX have risen by 11 per cent and 16 per cent respectively over the past 11 days.
He added that a number of investors have opted to carry out selling in the retail sector.
