FTSE 100 lifted by banks and miners

Getty Images

The London stock exchange, the market opened higher, supported by banks and mining companies.

The benchmark FTSE 100 share index was 22.81 points higher at 7,545.85 in early trade. Barclays and Standard Chartered were both up 1.7%.

Among the mining stocks, Antofagasta rose 2.8%, while Anglo American and Rio Tinto both added 1.6%.

Intercontinental Hotels Group slipped 0.7%, despite the Holiday Inn-owner reports increase in third quarter revenues.

The company said that the key measure of revenue per available room, or RevPAR, increased by 2.3% in the three months to September.

However, there was a great division between their performance in Europe and the Americas. In Europe, RevPAR jumped 7.1% of the tourists returned to the markets previously affected by the terrorist attacks, but the american continent was only 0.8% in a quarter affected by the hurricanes Harvey and Irma.

In the currency markets, the pound fell 0.2% against the dollar at $1.3136 and 0.2% against the euro at € 1.1121.