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<br>By Bansari Mayur Kamdar<br> <br>Dec 7 (Reuters) - UK's FTSE 100 rose to near three-week highs on Tuesday, boosted by mining stocks and positive earnings outlooks, with global markets taking relief from receding concerns about the Omicron variant of the coronavirus.<br> <br>The FTSE 100 added 1.2% in morning trade.<br>plumbing leak detection services near me ([http://Www.Quponing.com/aurora-on-l4g6z4/home-garden/plumbs-up-plumbing-drains-aurora-on blog here]) parts distributor Ferguson advanced 4.4% to the top of the index after a strong revenue growth forecast.<br> <br>Rental equipment provider Ashtead Group PLC rose 2.7% after raising dividend and saying it expects full-year results ahead of previous estimates.<br> <br>"Ferguson spun-off its UK-based operation Wolseley, so it's now just a U.S.-based company, and Ashtead also has a very big presence in the U.S.," said Michael Hewson, chief markets analyst at CMC Markets.<br> <br>"They're essentially leveraging a decent recovery in the U.S. economy and that's why they are posting decent gains."<br> <br>Base metal miners led gains on the commodity-heavy FTSE 100 as copper prices were boosted by monetary policy easing in top consumer China.<br> <br>The FTSE 100 has rebounded to levels touched before the detection of the Omicron variant in late-November after [https://www.Paramuspost.com/search.php?query=experts&type=all&mode=search&results=25 experts] said the new strain might not be as severe as feared.<br> <br>The domestically focussed mid-cap index advanced 1.0%, with travel and leisure stocks recovering 1.5% after getting hammered recently on fears of tighter travel restrictions.<br> <br>British American Tobacco gained 1.9% after reiterating its full-year profit and sales forecasts, as more people switched to its Vuse vaping and Velo oral nicotine products.<br> <br>Heavyweight drugmaker AstraZeneca declined 1.5% after brokerage Jefferies downgraded the stock saying its earnings per share is set to decline to single-digit growth beyond 2026.<br> <br>(Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Subhranshu Sahu and Uttaresh.V)<br><br><br>adverts.addToArray("pos":"inread_player")Advertisement[https://www.gosheating.co.uk/ gosheating.co.uk]