The FTSE 100 is slightly down in early trading with a drop of 5 points, or 0.09%, to 5,826.8, as mining stocks are weighing heavily on the index.
Miners fell after copper declined, gold hit an almost three-month low, and base metals slipped, causing Kazakhmys to drop 3.47% to £11.68, while Anglo American is down 3.46% to £20.64 and Xstrata has slipped 2.84% to £20.90 after going ex-dividend. However steelmaker Corus is attempting to lead a rally with gains of 2.36% to 368.25p, closely followed by Man Group which is up 2.29% to 435.5p, after it reported the net asset value of Man AHL Diversified Futures rose 1.17% last week. Amvescap is also up 1.49% to 544p, while Standard Chartered bank has gained 1.36% to £13.38, and Standard L...
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