A rather sluggish start for the FTSE100 this morning as the mining sector gives up some of the strong gains made earlier in the week. The index is currently 27.20 points (0.44%) lower to 6154.40.
Kazakhmys is leading the decline for the miners, dipping 2.98% to 1724 so far. Compatriots Vedanta and BHP Billiton have also stated in the red, down 2.87% to 2572 and 2.8% to 2051. Concerns the solid recent trading seen may be coming to an end has hit interdealer broker ICAP early, 2.9% behind to 586.50. Cable and Wireless is building on yesterday’s solid gains, up 1.85% to 159.50; while insurer Friends Provident is also doing well, 1.66% ahead to 116.10. In New York, Wall Street experienced a rather steady day with mixed reports leading to investor caution on Thursday. The Dow Jones...
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