Miners drag FTSE lower

clock

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

Join

 

Already a Professional Adviser member?

Login

More on Investment

Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read

Watch Professional Adviser's Working Lunch with Baillie Gifford - A compelling opportunity: The UK is on offer

Catch up on the discussion

Professional Adviser
clock 29 July 2025 • 1 min read
Advisers look to capital accumulation in Q2 2025

Advisers look to capital accumulation in Q2 2025

Interest in inflation protection nudges up

Jen Frost
clock 18 July 2025 • 3 min read