Mining stocks drill into FTSE progress

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In the UK the FTSE 100 Index has closed the week 28.90 points lower to 5230.80 on the back of weaker mining and energy stocks.

Natural gas firm BG Group leads the drop, losing 11.5p to 457.75p, followed by a host of mining firms. Rio Tinto has shed 36p to 1765p, along with BHP Billiton down to 12.5p to 748p and Antofagasta losing 20p to 1237p. Pub operator Enterprise Inns has also slipped 16.5p to 820p. On the winning end British Airways has profited 4.25p to 276.75p on the back of declining crude oil prices. South African based brewer SAB Miller has climbed 12p to 889p, after analysts said it is the most suitable candidate to launch a takeover bid for Bavaria. Severn Trent also picked up 13p to 966p. I...

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