Mining stocks continued recent their stellar form in London trading today, leading the FTSE 100 to a 42.9 point gain, or 0.68%, to 6349.1.
Alliance & Leicester climbed as its funding fears were alleviated this morning, finishing on 686 points, a 7.95% gain.
Speculation Vedanta Resources could be a takeover target led the mining giant to a 7.77% spike, to 2192 points.
Other blue-chips Antofagasta and Anglo American also climbed, up 7.4% to 755 and 6.73% to 3154 respectively.
Mitchells and Butlers slid as consumer spending concerns mount; the pub group lost 5.72% to close on 585.
DSG International and Punch Taverns also lost ground on Thursday, falling 3.98% to 113.5 and 3.71% to 829.
In New York, the Dow Joes has recovered from a sluggish start to be 41.62 points up in morning trading, or 0.31%, to 13331.07.
Philip Morris parent company Altria is still bullish on yesterday’s ‘buy’ upgrade, up 2.24% so far, to 75.75.
AT&T is currently 1.87% higher, to 38.20, as it confirmed its 3G capable iPhone will be launched in 2008; while General Motors is 1.76% up, 28.89 points.
Home Depot is lower as consumer spending in the US continues to be sluggish, the retail giant is 1.17% this morning, or 27.94; while AIG is 0.92% down, to 57.19.
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