FTSE falls on poor mining sector

clock

The FTSE 100 is down 33.5 points, 0.53%, to 6,285.5 in early trading, as miners continue their fall from yesterday.

Kazakhmys is the biggest drag on the index with a fall of 4.32% to £10.40, closely followed by Xstrata which is slipped 4.26% to £23.14, while Vedanta Resources has fallen 3.8% to £11.14. Antofagasta is also down 3.59% to 470.5p, closely followed by BHP Billiton which is down 3.43% to 901p, although losses are being limited by BT which is up 1.13% to 314.5p. Cable and Wireless is posting the biggest gains with a rise of 3.25% to 166.75p, closely followed by cruise operator Carnival which is up 2.83% to £27.57, while ICI has gained 2.64% to 466.75p, and Marks & Spencer has added 1.15% to...

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

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read