FTSE struggles as miners fall

clock

The FTSE 100 is down in early trading with a drop of 45 points, or 0.73%, to 6,095, as miners got off to a poor start.

Vedanta Resources is the biggest drag on the index with a fall of 2.21% to £12.85, closely followed by Xstrata which is down 2.03% to £22.24, while Experian has slipped 2.2% to 599.5p. Kingfisher is also down 2.14% to 251p, closely followed by Prudential which has fallen 1.93% to 659.5p, although losses are being limited by Associated British Foods which is up 0.17% to 876.5p. Bradford & Bingley are posting the biggest gains with a rise of 0.87% to 464p, closely followed by Cairn Energy which is up 0.41% to £19.78, while Scottish & Southern Energy has gained 0.27% to £14.86, and ITV has...

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

Infrastructure: A good investment gone bad – and then good again?

Infrastructure: A good investment gone bad – and then good again?

'Infrastructure - a victim of a unique set of circumstances'

Darius McDermott
clock 02 May 2024 • 5 min read
Investment opportunities 'differ by client age group'

Investment opportunities 'differ by client age group'

‘Advisers should consider personal circumstances when it comes to investment’

Isabel Baxter
clock 02 May 2024 • 1 min read
Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 02 May 2024 • 2 min read