The Iseq index of Irish shares opened up today, tracking a global rebound, with the FTSE, CAC and DAX also up.
The Dublin index moved up 25 points (0.8 per cent). Shares at DCC increased 1.18 per cent to €19.70, CRH gained nearly 1 per cent to stand at €13.94, while Elan rose 0.49 per cent to €10.30. Paddy Power, Kingspan and Smurfit Kappa also rose.
UK stocks climbed for the second day, led by a rally in mining companies, amid a report China is seeking to speed up construction projects spurring demand for industrial metals.
Xstrata Plc climbed with copper as the company forecast Chinese demand will recover in the second half of the year.
Vodafone Group Plc gained after reporting revenue growth that beat analyst estimates.
Building material stocks advanced as Credit Suisse Group AG recommended the shares.
The FTSE 100 Index rose 0.8 per cent to 5,344.64 at 10:18 am. in London.
The volume of shares changing hands on the benchmark index was 9 per cent higher than the average of the past 30 days, according to data compiled by Bloomberg.
Stocks rose yesterday, snapping a five-day selloff, after Chinese Premier Wen Jiabao said his government will focus more on bolstering economic growth.
Additional reporting: Bloomberg
