The London market closed higher, led by miners and financial stocks, despite being knocked by disappointing US jobs data.

The FTSE 100 Index was 57.5 points up at 6130, but had been over 100 points higher in the session as global equity volatility shows little sign of abating.

Markets eased after data revealed the US economy added just 142,000 jobs in September, worse than the 205,000 expected.

The number of jobs created in the world's biggest economy in July and August was also revised down by a combined 59,000, adding to fears global growth is slowing.

The weaker jobs data also pushes back the prospect of higher interest rates in the US and abroad into further next year.

France's Cac 40 and Germany's DAX were both up by around 0.5 per cent, having been higher earlier in the day.

In New York the Dow Jones Industrial Average was down by around 100 points in early trading.

The pound was up a cent against the US dollar, after US jobs data was released, at 1.52 but was little changed against the euro at 1.35.

In London two of the biggest risers were silver miner Fresnillo up 29p to 633.5p and gold miner Randgold Resources 166p higher to 4098p.

Banking stocks had begun the session strongly, after its regulator said it was considering introducing a deadline to the payment protection insurance (PPI) mis-selling saga.

The Financial Conduct Authority said it anticipates that PPI customers would still have at least until 2018 to claim compensation.

But after the US jobs data announcement the sector gave up some of their gains, with Lloyds Banking group up 1.3p to 76.6p while Barclays climbed 1.4p to 248.6p.

CMC Markets analyst Jasper Lawler said: "The US jobs report leaves banks faced with the prospect of a longer period of low interest rates which reduces margins on the traditional lending business."

Experian was the biggest faller in the top flight, down almost four per cent, or 41p to 1034p, after it said hackers in the US have breached its security and stolen the personal data of around 15 million people, including T-Mobile customers.

The world's biggest consumer credit monitoring firm said it discovered the data had been hacked from one of its services on September 15, and Connecticut's attorney general has since said he will launch an investigation into the matter.

Experian chief executive Craig Boundy said: "We sincerely apologise for the concern and stress that this event may cause."

Bus and transport firm FirstGroup, which has lost a number of rail contracts in recent years, rose 0.8p to 98.3p after it said in an update its trading was "in line" with half-year expectations.

The biggest risers in the FTSE 100 Index were Fresnillo up 29p at 633.5p, Glencore up 4p at 95p, Randgold Resources up 166p at 4098p and Aberdeen Asset Management up 9.9p at 306.5p.

The biggest fallers in the FTSE 100 Index were Experian down 41p at 1034p, Wolseley down 105p at 3677p, Persimmon down 34p at 2003p and International Airlines Group down 9p at 571p.