Mining firms keep FTSE from falling further

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Investor sentiment seems little changed on yesterday's unmoving performance as the FTSE is already focused on the same three names - Rio Tinto, BHP Billiton and Kingfisher.

The FTSE 100 index is down a spot at 5382 within the first hour of trading, afer yesterday's four-year high, but has managed to withhold further losses as mining giants Rio Tinto and BHP Billiton added 26p or 1.3% to £20.96 and 6.5p or 0.8% to 853p respectively. Kingfisher is suffering further losses after earlier in the week announcing some stores would be closed, as its share price potential is reported to have been cut from 265p to 240p. Kingfisher is now down 3p or 1.3% to 232.5p. Trading in Asia today has not faired as well as hoped, as in contrast to recent comments from SG Asse...

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