The FTSE 100 Index has already lost about 22 points to 4870.5 points this morning, led by metal producer Corus and a host of mining stocks.
Corus has shed 1.5p to 41p, after ThyssenKrupp, Europe's fourth-largest steelmaker, reported income in the three months through March failed to meet with analyst’s forecasts. Mining firm BHP Billiton has lost 15p to 629p, along with Xstrata, down 17p to 911p, while Antofagasta, the owner of three copper mines in Chile, has also dropped 18p to £10.67, because of a drop in copper delivery for July. Old Mutual has also declined 3.75 to 125.50p this morning. British Airways, meanwhile, has increased 5.75p to 259.75p, after the airline firm has reported a surprise fourth-quarter profit. ...
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