FTSE falls flat over mining stocks

The FTSE 100 index eventually closed the day flat at 4355 while the FTSE All-Share index closed at 2161 and the FTSE 250 index dropped a fraction to 5916. BHP Billiton earlier today reported its net income only hit £3.4bn instead of the £4.1bn initially targeted, so analysts eventually sold enough to leave its share price down 7p or 1.34% to 517p. Rival mining company Anglo American was one of the firms which today began trading without offering a dividend, so it eventually closed down 9p or 0.72% to £12.47. The third largest mining company, Rio Tinto, suffered on the back of both ...