Industrial metals topped the leaderboard, alongside a solid performance from most mining names.
Acacia Mining reported a massive £710m loss after writing down the value of its assets due to a dispute with the government of Tanzania but has cut costs to "remain competitive" in 2018.
Standard&Poor's upgraded its rating on Rio Tinto's long-term debt from 'A-' to 'A', saying that supportive commodity prices and the company's focus on costs and productivity likely meant its operational performance would remain robust.
Analysts at Societe Generale upgraded their recommendation on stock of BP from 'hold' to 'buy', citing fading concerns regarding the Deepwater Horizon disaster.
Brexit's approach and its potential negative impact in confidence may knock test the Bank of England's rate hike plans, a top official said.
1630: Fed not stressing, Michael Gapen and Pooja Sriram at Barclays believe, telling clients: "US equity markets falling into correction territory in recent days begs the question of how far equities would have to fall, or volatility to rise, for the Fed to consider a delay to its policy plans. We think it is too early for the Fed to consider altering course and we believe the committee will likely take some comfort in the tightening in financial conditions as it will reduce the risk of a hard landing over time.
Stocks held onto early gains, tracking a late advance on Wall Street last Friday after the S&P 500 bounced off a key level of technical support, its 200-day moving average, although traders remained wary.
Shares in European jet manufacturer Airbus fell on Monday after it was forced to suspend some deliveries of its A320neo after technical faults.
Tim Rogers, chief executive of motor industry testing systems provider AB Dynamics, sold 150,000 ordinary shares in the AIM-quoted group on Monday, collecting more than £1. 1m in the process.
London stocks finished in the black tracking a late rebound on Wall Street at the end of last week, but worries remained about rising inflation and higher interest rates, with an upcoming release on consumer prices in the US the main talking point in markets.
South African president Jacob Zuma has agreed to be recalled, with African National Congress officials said to be negotiating the manner in which it is to be communicated.
Analysts at Goldman Sachs upgraded their recommendation for shares of Evraz on Monday from ‘hold’ to ‘buy’, telling clients that industry spreads and margins are above mid cycle levels and that they believe these will be sustained, "supported by tightening steel market supply-demand fundamentals and rising cost pressures. ".
Wall Street's main indexes started higher on Monday, as stocks extended the bounce that began late on Friday, driven by technology and financial issues as stocks do their best to recover from their worst week since 2016.
Tuesday's business agenda includes UK inflation numbers, quarterly results from travel operator Tui and little else.
Transatlantic media and entertainment marketing company reach4entertainment announced on Monday that its subsidiaries Dewynters and Spot and Company of Manhattan have entered into media buying agreements with Miroma International and Miroma Outcomes.
Biomass-based renewable energy and forestry management business Active Energy announced on Monday that its first commercial ‘CoalSwitch’ plant in Utah was officially opened on 9 February.
Analysts at Numis downgraded their recommendation on shares of polymer manufacturer Victrex from 'add' to 'hold' on Monday, saying that although the company's business model remained "highly cash generative", an impending FX headwind was set to limit the upside in its share price.
Payments technology company SafeCharge announced a further investment in cashless payment solutions provider Nayax on Monday.
Turnaround specialist Melrose Industries' £7bn hostile bid for defence contractor GKN could pose a threat to US national security, according to union Unite.
George Soros has pledged a further £100,000 to Best of Britain, an anti-Brexit campaign fighting to keep the UK in the European Union, in answer to criticism of his previous donation to the group (£400,000).