FTSE rises as stocks mine gains

clock

The UK's benchmark index is already off to a strong start this morning as mining stocks offer the best start to the week on the back of strong Pacific performances earlier in the day.

The FTSE 100 index has already earned 24.7 points or 0.6% to 5,387 in early trading this morning, led by mining giants Antofagasto, BHP Billiton, Rio Tinto and Xstrata. All of the mining stocks are currently up at least 1.1% as Antofagasta has risen 22p or 1.5% to £14.86, BHP Billiton has earned 14p or 1.7% to 839.5 – having earlier in Australia gained 1.2% to A$20.72- then Rio Tinto took a similar route and rose 25p or 1.12% to 259 – again having risen 1.3% to A$57.25 in Australia – Xstrata rose 21p or 1.5% tp £14.15. Reuters has also gained 6p or 1.64% to 372p while BP – which is in...

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

Chris Justham: Join the investment rebellion

Chris Justham: Join the investment rebellion

Let's start with a game of 'Are you as rational as you think you are?'

Chris Justham
clock 17 September 2025 • 3 min read
Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Hargreaves Lansdown and Schroders to launch double LTAF offering

Hargreaves Lansdown and Schroders to launch double LTAF offering

From next week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read