Mining companies led the FTSE down about 10 points to 4,532 as shares went ex-dividend this morning.
Anglo American is down 40p to 1,343, and Rio Tinto is off 34p to 1,381p as investors lost the right to buy the next dividend. Antofagasta, the Chillean copper miner listed in London, has shed 23.5p to 1,116.5p on news politicians in Chile are proposing a 3% royalty on the value of ore mined in the country. Bunzl is down 7.25p to 462.25p after analysts at Morgan Stanley warned of a downside risk to the supplier of paper cups to office stationary. BP is up 5.25p to 449.75p after indications from Russia’s government it may cut taxes and boost reforms of the economy if president Vladim...
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