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At 12:20 GMT it was 1.1 per cent higher at 5,352.15 points, Reuters reports, led by gains in the mining, energy and banking sectors.
News that Lonmin intends to increase platinum output by a fifth by 2013 prompted the mining company to jump 8.2 per cent, while in the energy sector, BG Group, BP, Royal Dutch Shell and Tullow Oil climbed by as much as 1.4 per cent.
HSBC added two per cent and Barclays was 1.3 per cent higher, however there were falls among a number of defensive stocks, including AstraZeneca, GlaxoSmithKline, Imperial Tobacco and British American Tobacco.
One pharmaceutical company to climb was Shire, which rose 1.8 per cent on the news that JP Morgan has increased its stock price target for the business.
British Airways was one of the biggest fallers on the FTSE at the end of last week, as its share price declined on the news that it intends to merge with Iberia.
Posted by Clive Arneil
