Rising copper boosts FTSE value

The FTSE 100 index has so far gained 9.5 points or 0.15% to 6363, led by Vedanta, a major producer of copper and zinc in India, is up 1.3% to £12.15 after the copper price climbed. Rival Xstrata has also risen 32p or 1.3% to £23.88 while Rio Tinto Group has gained 1% to £27.14. BA is also up 0.8% to 570.5p as US oil capacity will not need to increase to cope with the predicted cold weather, a factor which has now lowered the oil price a fraction. In contrast, however, British Land Securities, Europe’s biggest property firm by assets, has fallen 39p or 2.3% to £16.40, even though the c...