LONDON, Nov. 10 (Chinese media) -- News of a plan by China to increase investment in its economy led to a surge in the share price of mining firms and lifted the overall London stock market by Monday midday.
The FTSE 100 index was up 120.44 points, or 2.76 percent, at 4,485.40 by 12:30 GMT.
Among the mining companies, Anglo American rose 15.6 percent, Xstrata was up 15.4 percent and Rio Tinto added 13.6 percent.
Banking shares fell back, with HSBC down 0.1 percent after it reported further write-downs related to the U.S. housing downturn.
British Airways shares rose a further 8.3 percent as investors continued to react to the carrier's half-year results released on Friday.
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