The FTSE 100 gained 57 points (0.95 percent) to close at 5,976 on Friday. The blue chip index is expected to fall 40 points (0.6 percent) this morning with traders focused on speculation that Greece could look into leaving the euro zone.
Royal Bank of Scotland (LON:RBS) led the FTSE 100 on Friday, surging 5.5 percent. Chipmaker ARM Holdings (LON:ARM) and ITV (LON:ITV) followed, climbing 5 percent. Mining major Anglo American (LON:AAL) advanced 4 percent. Oil and gas company Tullow Oil (LON:TLW) and engineering firm Weir Group (LON:WEIR) added 3.4 percent.
Hedge fund manager Man Group (LON:EMG) was at the bottom of the pile with a 2.3 percent. Scottish and Southern Energy (LON:SSE), satellite telecommunications firm Inmarsat (LON:ISAT) and oil and gas engineering company Amec (LON:AMEC) shed just over 1.5 percent.
The Dow Jones Industrial Average (DJIA) advanced 55 points (0.45 percent) to 12,638, the S&P 500 index rose 5 points (0.4 percent) to 1,340 and the technology heavy NASDAQ composite rose 12.5 points (0.45 percent), reaching 2,827.
Kraft Foods (NYSE:KFT) led the DJIA constituents with a 2.1 percent gain. DuPont (NYSE:DD) and American Express (NYSE:AXP) added 1.4 percent.
Intel Corp (NYSE:INTC) moved in the opposite direction, shedding 1.5 percent.
Commodities
US light, sweet crude for June delivery, which is currently the most actively traded contract on the New York Mercantile Exchange (NYMEX) climbed to US$98.68/barrel.
June Brent crude last traded at US$110.44/barrel on the ICE Exchange.
Gold advanced to US$1,502/oz. Silver and platinum climbed to US$35.76/oz and US$1,792/oz respectively.
Copper and nickel rose to US$4.01/lb and US$11.21/lb. Zinc climbed to US$0.971/lb.