The FTSE 100 index is up 17.2 points, or 0.29%, to 5,913.8, as a strong mining sector is reacting to better metal prices.
Miners are dominating the rising stocks, with Vedanta Resources up 3.5% to £13.88, while Lonmin has added 2.46% to £27.92 and Antofagasta is enjoying a good run with gains of 1.62% to 438p. However oil majors are in a slight decline as crude oil prices slipped further as the situation in the Middle East improves, with BP slipping 0.41% to 605.5p, while Royal Dutch Shell is down 0.67% to £19.24 as US light crude for delivery in September is currently down $0.59 to $71.30 a barrel. But its not all bad news as falling fuel costs have given cruise operator Carnival a lift with gains of 3....
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
