FTSE 250 (MCX) 18,897.94, up 0.36% at 1542 GMT.
Miners gained on higher copper prices and China’s plans to relax Covid border restrictions. On the FTSE 250, Hochschild Mining made gains on the news, following FTSE 100 sector peers, such as Antofagasta and Anglo-American.
Shares in iron-ore pellet maker Ferrexpo fell on reports that it controlling shareholder Kostyantin Zhevago had been detained in France on suspicion of money laundering and embezzling funds linked to his banking business.
Zhevago was held at a hotel in the luxury French ski resort Courchevel on Tuesday by French police, the Ukrainian State Bureau of Investigation said.
“Among other things, the SBI investigators prepared a petition for detention until they received a r…
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