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According to Reuters, the FTSE 100 was up by 25.37 points at 5,989.84 in this morning's activity, with shares in Lloyds Banking Group adding 1.3 per cent after UBS rated the financial institution as one of its top picks.
"We're seeing investors buying back in on the dips [in mining and energy stocks], but the lack of volume remains a concern, suggesting any rally lacks real support," said CMC Markets head of equities Jimmy Yates.
Concerns lingered over commodity prices after investment bank Goldman Sachs claimed the recent rally was coming to an end, while the Japanese government issued a downbeat assessment of the country's economic performance.
Official data published by the Office for National Statistics today revealed that UK unemployment had fallen by 17,000 in March, surprising many analysts.
Posted by Chris Weaver
