The FTSE100 slipped more than 1% early this morning as miners feel the pinch of lower metal prices. London's blue chip index has recovered only slightly to currently sit 47.50 points (0.84%) behind to 5589.10.
Miner Kazakhmys is leading the losses as it fights falling copper prices, down 4.26% to 1237. Compatriots BHP Billiton and Anglo American are also more than 3% lower. Pub group Enterprise Inns has once again opened poorly on two downgrades, 4.04% behind to 291.25. The London Stock Exchange Group is down on news it may have to cut fees to compete with new trading entrants, 3.53% lower to 765. Oil services provider Petrofac leads the way after announcing a new United Arab Emirates joint venture, 3.98% higher to 678.50. Legal & General heads only a handful of others in the black, 0.7% ahead...
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