FTSE makes small advances as mining stocks surge

clock

After a slow start, the FTSE 100 has made a small gain of 2.7 points, or 0.05%, to 5,467.8, thanks to a surge in mining stocks after a rise in copper prices.

BHP Billiton, the world's biggest mining company, has climbed 13.5p, or 1.61%, to 854.5p as copper futures in Shanghai rose for a second session on speculation China's stockpiling agency may buy more of the metal to help damp prices. Rio Tinto, the world's third-largest mining company, has also added 32p, or 1.4%, to 2,368p. Meanwhile some of the biggest losers on the FTSE are Friends Provident, which has slipped 2.5p, or 1.31%, to 188.5p, while Cable and Wireless has slipped 1.25p, or 0.99%, to 125.25p. Chrysalis Group, whose Heart 106.2 FM is London's most popular commercial radio sta...

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

Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 2 min read
FIF25: House of Lords member calls for stronger international economic cooperation

FIF25: House of Lords member calls for stronger international economic cooperation

Economics often a driver of geopolitical instability

Sorin Dojan
clock 04 June 2025 • 2 min read
Woodford sets date for portfolio platform launch

Woodford sets date for portfolio platform launch

W4.0 will launch on Friday 6 June

Cristian Angeloni
clock 03 June 2025 • 1 min read