The London market rose higher led by miners, despite a mixed session for lenders after European giant Deutsche Bank warned over hefty third quarter losses.

Deutsche said higher impairment charges of €5.8 billion (£4.3 billion) and litigation costs would see it sink into the red by a mammoth €6.2bn for the three months to the end of September.

In London, UK banks were initially hit, with some later recovering their poise after the warning, although the wider FTSE 100 Index struck a seven-day winning streak by lifting 38.5 points to 6374.8.

Germany's DAX and France's Cac 40 both finished up slightly. In New York the Dow Jones Industrial Average was also just ahead in early trading.

HSBC was 0.8p up at 529.5p and Standard Chartered was up 7.3p to 748.7p, after Goldman Sachs upgraded the bank to "buy" from "neutral".

But Barclays was 1p lower to 254.8, and Royal Bank of Scotland was 0.5p down to 330.8p.

The Bank of England's Monetary Policy Committee voted to keep interest rates unchanged at 0.5 per cent, with MPC members voting eight to one in favour of the keeping rates as they are, mirroring last month's vote.

The news saw the pound fall a cent against the euro at just under 1.36, while it was little changed against the US dollar at 1.53.

Heavyweight miners rose on trader talk about assets sales in the sector, with BHP Billiton up 37p to 1145p and Fresnillo 28.5p higher to 704.5p.

Shares in takeover target SAB Miller rose 8p to 3641p after Budweiser brewer Anheuser-Busch InBev urged SABMiller investors to force its board into serious takeover talks, after the rival brewer rejected its sweetened £68bn bid.

Carlos Brito, chief executive of AB InBev, said: "If shareholders agree that we should be in proper discussions, they should voice their views and should not allow the board of SABMiller to frustrate this process and let this opportunity slip away."

Elsewhere, DFS Furniture was three per cent higher after it hailed a record performance in its first set of annual results since returning to the stock market.

It posted an 8.4 per cent hike in underlying earnings to £89.2 million for the year to August 1 after total sales lifted seven per cent thanks to strong demand for "big ticket" items amid a buoyant housing market and rising consumer confidence.

Shares, which have risen by more than a fifth since its initial public offering in March, added another 3p to 311.8p.

But recruitment giant Hays was seven per cent, or 10.8p lower at 136.7p, in the FTSE 250 after cautioning over a currency hit in its latest trading update.

The biggest risers in the FTSE 100 Index were Fresnillo up 28.5p at 704.5p, BHP Billiton up 37p at 1145p, Burberry up 37p at 1492p and Tesco up 4.8p at 201.8p.

The biggest fallers in the FTSE 100 Index were Inmarsat down 36.5p at 939.5p, Glencore down 3.4p at 120.7p, Wolseley down 55p at 3695p and Marks & Spencer down 7.2p at 492p.