Stocks either shone or copped a battering today as the FTSE 100 slid lower despite a solid start on Wall Street. The index closed for the Easter holidays down 50.40 points (0.91%) to 5495.20.
Miners were punished on the combination of plummeting gold and metal prices.
Anglo American fell 8.11% to 2673, Antofagasta dipped 6.68% to 622 and Xstrata was 6.27% lower to 3483.
Weaker oil prices also smashed Cairn and Tullow, down 6.56% to 2535 and 6.23% to 617.50 respectively.
Pest control firm Rentokil soared on news its chairman and chief executive had resigned, up a monster 17.45% to 85.50.
Taylor Wimpey climbed 7.76% to 163.80, while lender Alliance & Leicester jumped 7.28% to 538.
HBOS also bounced back from yesterday’s false emergency funding rumours, up 6.16% to 473.75.
In New York, the oil price plunge and positive manufacturing stats have given the Dow Jones IA a timely Easter break boost. The index is currently 105.84 points (0.87%) higher to 12205.50.
Financials American Express and JPMorgan Chase are doing well in early trading, up 5.76% to 44.42 and 4.45% to 44.36.
Alcoa is 3.54% lower to 34.36 and Honeywell is 2.07% down to 53.97 so far.
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