London stocks rose in early trade on Wednesday, helped along by a strong showing in the energy and mining sectors, as investors eyed the release of the minutes from the latest Federal Reserve meeting.
At 0845 BST, the FTSE 100 was up 0.5% at 7,138.69.
Russ Mould, investment director at AJ Bell, said: “A positive update from Royal Dutch Shell and oil prices touching six-year highs contributed to gains for these index heavyweights and helped outweigh any fears over the inflationary pressures the recent spike in commodity prices may create.
“This might change if meeting minutes from the US Federal Reserve, published this evening, sound the alarm on inflation.”
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.