Miners dig deep to bring FTSE level

clock

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 in...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why portfolios need to evolve, not revolve when it comes to client outcomes

Why portfolios need to evolve, not revolve when it comes to client outcomes

'As market structures evolve, so must portfolio construction'

Ed Senior
clock 11 September 2026 • 4 min read
What does 'quality' investing actually mean?

What does 'quality' investing actually mean?

Why persistence is the real test

Joseph Stephens and Laura Neill
clock 11 September 2026 • 4 min read
Gabriel Sacks: Confronting concentration risk in Asia

Gabriel Sacks: Confronting concentration risk in Asia

'Asia's smaller companies merit much more attention than they routinely receive'

Gabriel Sacks
clock 10 September 2026 • 4 min read