Miners dig deep to bring FTSE level

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The FTSE 100 has ended the day almost level with a slight loss of 1.3 points, or 0.02%, to 5896.6 as miners rallied strongly to reduce earlier losses.

Energy stocks still acted as a drag on the FTSE with British energy leading the fall with a loss of 4.46% to 718p, as it announced it had increased its profits but would be unlikely to meet its production targets. As a result international Power slipped 1.8% to 314p, while Scottish and Southern energy also dropped 1.76% to 1,225p, and BT also fell 3.01% to 233.5p after it bagan trading ex-dividend. However mining companies provided the biggest gains, with Vedanta ending the day up 5.76% to 1,341p, while BHP Biliton added 3.84% to 1,027p, Rio Tinto gained 3.71% to 2,795p and Xstrata incr...

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