The FTSE 100 Index fell 14.20 points, or 0.23%, to 6,194 points today, led by a poor performance from the mining sector.
Antofagasta fell 5.36% to £4.86 after copper futures fell to a five-month low. Xstrata also lost 4.49% to £21.92, Vedanta Resources dropped 4.61% to £13.67 and Rio Tinto slumped 3.99% to £27.65. Cairn Energy fell 2.85% to £19.07 and BP dropped 1.34% to £5.90 as crude prices continued to decline following last week’s news of a sharp rise in energy stocks. Meanwhile, life insurer Resolution rose 5.12% to £6.67 after it confirmed it was in discussions with various parties concerning a wide range of possible transactions, including a possible offer for the group. Reports over the weekend...
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
