Miners still digging a hole for FTSE

clock

Top UK shares are down this morning putting the FTSE 100 index off by about a point to 6,197 in early trading.

Leading the way are mining stocks, which are suffering as investors take cash ahead of the Christmas trading period. Rio Tinto leads the losers, down 45p, or more than 1.5%, to £26.90. Vedanta Resources is down 15p to £11,78. Antofagasta has shed 5.50p to 502.50p and Kazakhmys is off by 11p to £1,120p. Oil stocks are down too. BP is off by 3p to 566.50, while Shell A shares are off by 8p to £17.83. HSBC, Europe’s biggest bank by capitalisation, is off by 2p at 923p. Weightings are playing a big role today, as two-thirds of companies in the index are actually making share price g...

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

Bikes, bias and the quest for outperformance

Bikes, bias and the quest for outperformance

I'm a disciple of the philosophy espoused by Lotus founder Colin Chapman: 'Add lightness'

Tobias Bucks
clock 14 July 2025 • 5 min read

Watch Professional Adviser's Working Lunch with Schroders - Beyond the Pulse: Essential insights for financial advisers in 2025

Catch up on the discussion

Professional Adviser
clock 10 July 2025 • 1 min read
Investors 'do not understand' implications of private markets investing

Investors 'do not understand' implications of private markets investing

House of Lords Financial Services Regulation Committee looked at the issues

Linus Uhlig
clock 09 July 2025 • 1 min read