Britain's FTSE boosted by rally in HSBC, mining stocks

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* FTSE 100 up 1.4 pct

* HSBC rises after results

* Miners also rally, track metals higher

By Kit Rees

LONDON, Nov 7 (Reuters) - UK shares rose on Monday as miningstocks rallied after the FBI cleared Hillary Clinton in an emailreview, giving underlying commodities a boost, while banks wereled higher by a jump in HSBC shares after it reported results.

The blue chip FTSE 100 index was up 1.4 percent at 6,784.60points by 1042 GMT, in line with a rally among continentalEuropean indexes.

HSBC was the standout performer on the index,jumping nearly 5 percent and on track for the lender's biggestdaily gain in 7 months after reporting a jump in its corecapital ratio, boosting the outlook for near-term dividendpayments.

"If you look at the underlying numbers, actually thoseshowed that if you strip out the one-off items, revenues wereup, costs were down and profits were up, and those are threethings that markets like," Laith Khalaf, senior analyst atHargreaves Lansdown, said.

Last week saw the FTSE 100 mark its biggest weekly losssince January as markets were hit by jitters ahead of the U.S.presidential election. Investors' nerves were soothed on Mondayafter the FBI's announcement that no criminal charges wereforthcoming in the probe of Hillary Clinton's email practices,giving the Democrat a boost.

Mining stocks were among the biggest gainers on the index,with Glencore, BHP Billiton, Antofagasta, Rio Tinto and Anglo American all upbetween 3 to 4 percent as the prices of underlying commoditiesalso rose on increased hopes of a Clinton presidency.

Shares in precious metals miners Fresnillo andRandgold Resources were down, however, as investorsdumped perceived safe haven assets.

Also among the fallers, shares in UK grocer Tesco retreated 0.9 percent after Tesco Bank temporarily onlinetransactions after around 20,000 customers had money removedfrom their accounts after an attack by fraudsters over theweekend. (Reporting by Kit Rees; Editing by Tom Heneghan)