In the UK stocks rose, sending the benchmark FTSE 100 Index to a four-year high.
Anglo American paced gains by mining shares after copper prices reached a record in New York. The benchmark closed up 47.50 points, or 0.87%, to close at 5494.80 its highest point since August 2001. Anglo American, the world's second-biggest mining company, added 62p, or 4.2p%, to 1704.00p. Antofagasta, the owner of three copper mines in Chile, rose 50p, or 3.5%, to 1580p. Rio Tinto Group, the world's third-largest mining company, advanced 71p, or 3.1%, to 2,335p. O2, Britain's biggest mobile-phone operator by customers, climbed 1.6% to a record 158p. Media reports suggest Deutsche T...
To continue reading this article...
Join Professional Adviser for free
- 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