Falling copper price hits FTSE

Cable & Wireless shares made impressive gains after announcing good gains on Thursday, up 6.4 points (4.09%) to 163p. Capit Group added 14 points (2.12%) to 674p. Rio Tinto led mining shared down, losing 369p (5,53%) to £63.00, while Kazakhmys dropped 98 points (5.51%) to £16.79. On Wall Street, stocks fell as oil prices continued to fuel inflation fears, while the housing market continued to decline, and the Dow Jones dropped 112.6 points (0.89%) to 12,513.02. Coca Cola made the biggest gains, up 0.7 (1.2%) to $58.97, while Boeing shares added 0.56 (0.69%) to $81.97. General Motors sh...