India, Jan. 31 -- U.K. stocks are up in positive territory Friday morning, and the benchmark FTSE 100 looks set to end the month with a strong gain, as the mood remains a bit bullish amid optimism about more monetary easing by central banks in the coming months.

Uncertainty about the trade and economic policies of U.S. President Donald Trump and worries about potential new tariffs by his administration appear to be limiting the market's upside.

The benchmark FTSE 100 is up 28.82 or 0.33% at 8,675.70, after climbing to a fresh record high of 8,692.61 earlier this morning. The index is set to close the month with a gain of over 6%.

Smiths Group shares are soaring more than 11%. The stocks is up following the company unveiling plans to dive...