LONDON Jan 10 Britain's blue chip shares gained
in early deals on Thursday, with Tesco leading the gainers after
Christmas sales beat forecasts, and miners were supported by
good data out of China.
At 0807 GMT, the FTSE 100 index was up 8.33 points,
or 0.1 percent, at 6,106.98, after hitting its highest level
since May 2008 in yesterday's session.
Miners added 0.4 percent as iron ore imports in
China, the world's top metals consumer, hit a record high in
December, and with Jefferies raising price targets across the
Tesco rose 2.5 percent after it posted its highest
sales growth in three years, showing signs that its turnaround
strategy is beginning to show results.
But elsewhere on the high street, Marks & Spencer
saw its sales disappoint, making it the biggest FTSE 100 faller,
down 4.3 percent.
(Reporting by Alistair Smout)