London-listed miners rise on JPM's sector upgrade

** Shares in UK miners (.FTNMX551020) up 3.4% after J.P. Morgan upgrades sector to 'overweight' from 'underweight'

** Anglo American AAL leads sub-index, climbs 4.36% to 2,353.5 pence

** Other miners such as Antofagasta ANTO, Glencore GLEN, London-listed shares of Rio Tinto RIO gain more than 2%

** Brokerage expects a 'V-shaped' recovery for metal prices and mining equities in late Q1 due to China's expanding economic policy support

** JPM Commodities Research forecasts a 15% upside to current copper prices to $11,500/ton in Q2 2026

** YTD sub-index down ~5.29%