The FTSE 100 climbed to a five-year high today, gaining 51 points, or 0.8%, to 6,133 points, led by a raft of copper-focused miners.
Xstrata jumped 4.56% to 2,087p, Kazakhmys rose 4.29% to 1,239p and Antofagasta gained 5.11% to 2,468p. Money and futures broker ICAP leapt 10.79% to 528.75p as it agreed to buy interbank foreign exchange and commodities platform EBS Group for $775m cash. Bristol Water ended 10.26% higher at 1,064p after it agreed to a cash bid worth about £170m, or 1,060p per share, from Spanish group Agbar. Eurasia Mining soared close to a 12-month high, rising 116.67% to 8.12p, after discovering a previously unknown and unmined alluvial platinum deposit in its West Kytlim licence in the Central Ural...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
