Shares ended the day higher today with oil and mining stocks in the news again.


The FTSE100 was 59 points ahead at 6,082.1 with the FTSE250 up 45.7 points at 9,924.4 and the AIM100 57 points higher at 6,484.

Volume was weak with 2.6 billion shares changing hands in 328,798 deals.


Oil and mining issues once again led the way as crude futures climbed back above $74 as US diplomats warned the UN is prepared to introduce sanctions against Iran over its nuclear programme.
Prices were also pushed higher as Iran's deputy oil minister predicted oil could rise to $100 a barrel next winter as demand exceeds supply.


Today’s look at individual Stocks:


BP climbed 11.5p at 688p. Shell gained 27p at 1,988p and BG Group climbed 26.5p to 763.5p, ahead of their respective results later in the week. Cairn Energy outperformed the sector with a jump of 122p to 2,448p after Merrill Lynch upgraded its recommendation on the group to buy from neutral with a 2,750p per share target, while UBS raised its target to 2,800p.


Mining issues were also in demand following fresh gains by metal prices over the weekend, as gold flirts with a 25-year high and copper also rebound.


Kazakhmys was a top riser, climbing 56p to 1,194.5p. Xstrata gained 79p at 2,063p. Antofagasta gained 86p at 2,440p and Rio Tinto went up 135p to 3,151p, also helped by a Deutsche Bank buy note.


Shares in ITV edged lower, down 1.5p to 113.5p, as Deutsche Bank cut its target price to 125p from 130p in a review of UK advertising revenue.


British Airways lost 2.25p to close at 334p amid rising fuel concerns.


CSR the portfolio’s favourite stock leapt a massive 16% higher, up a whopping 204p to close at 1,413p, as brokers applauded the chip designer's forecast-busting first-quarter results and upbeat outlook statement.

The blue tooth technology firm said pre-tax profit rose 137% to $25.8m with a 103% rise in revenues to $134.9m. The average analysts' forecast was for pre-tax profit of $23m on revenue of $133m. In response, Cazenove reiterated its outperform stance and argued the share price is now likely to reach the 1,350p-1,420p range, in line with its European peers Wolfson and ARM.


The Footsieblog would like to apologies for the short posting today and the lack of a portfolio update. This was due to a technical problem earlier.