FTSE 100 up 0.2, FTSE 250 adds 0.3

March 3 Reuters UK39;s exporterheavy FTSE 100 opened higher on Friday, boosted by mining stocks as metal prices rose on optimism of a recovery in top consumer China, while an overnight rise in U.S. stocks also helped gains.

The bluechip FTSE 100 gained 0.2 by 0820 GMT, while the more domesticallyfocussed FTSE 250 midcap index rose 0.3.

Both British indexes are on track to rise nearly 1 for the week.

Industrial metal miners took an early lead, rising 1.6 as metal prices gained after promising economic data from China buoyed demand prospects.

Global markets are tracking overnight gains in U.S. markets, which closed higher on Thursday, taking cues from Atlanta Federal Reserve President Raphael Bostic who argued for the central bank to stick with steady quarterpoint rate increases for now.

Oilfield services firm Hunting dropped 10.6 after Berenberg downgraded the stock to hold from buy.

Reporting by Shashwat Chauhan in Bengaluru; editing by Eileen Soreng

Source Reuters