FTSE steady as miners drop

Commodity stocks are the biggest drag on the index with Vedanta Resources down 2.82% to £12.06, while Rio Tinto has slipped 1.82% to £24.75, and Kazakhmys has dropped 1.53% to £12.24. Xstrata is also down 1.39% to £22.01, closely followed by Antofagasta which has slipped 1.26% to 449p, however steelmaker Corus is performing well with a rise of 1.08% to 372.75p. Standard Chartered bank is currently leading the risers with gains of 1.58% to £13.46 as brokers raised its rating from ‘neutral’ to ‘buy’, closely followed by Morrison supermarkets which is up 1.55% to 229.75p. HBOS is also doi...