FTSE volatile as miners surge forward

clock •

London trading has been turbulent this morning, with the FTSE 100 index moving wildly as it makes its way into positive territory, up 7.52 points (0.17%) to 4,352.99 at 8.30am.

Mining firms led the way despite fears of a slowdown in demand for raw materials, with Eurasian Natural Resources up 5.56% to 589p, closely followed by Kazakhmys, which saw shares rise 5.52% to 679p. Vedanta, Rio Tinto and Xstrata were also among the biggest gainers, up 3.62%, 3.27% and 2.82% respectively. British Airways shares were hit after the firm announced its first full-year loss in seven years, down 5.59% to 153.7p. Liberty International shares fell 5.65% to 338.25p after the firm announced a 77% take-up for its open share offer. On Wall Street, share prices failed to recover fr...

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

Anthropic bankers preparing to increase IPO valuation to $1.5trn – reports

Anthropic bankers preparing to increase IPO valuation to $1.5trn – reports

Draft prospectus filed on Tuesday

Jack Roach
clock 11 November 2026 • 2 min read
US midterms: What history tells us about what comes next

US midterms: What history tells us about what comes next

Expect a post-election pop

Dan Lefkovitz
clock 10 November 2026 • 4 min read
Watch PA's Working Lunch with Baillie Gifford - The future of growth investing

Watch PA's Working Lunch with Baillie Gifford - The future of growth investing

Catch up on the discussion

Professional Adviser
clock 03 November 2026 • 1 min read