Miners surge but FTSE flat

clock

The FTSE has opened flat despite a rally from miners and natural resources companies.

London's blue chip index is up 0.35 points (0.01%) to 4817.90, buoyed by the performance of metal miners, as gold, silver, platinum and copper futures held steady. Gold extractor, Randgold Resources, is among the winners in early trading, up 7.51% to £39.66, while silver miner, Fresnillo, has added 5.64% to 637p. Platinum miner, Lonmin, has gained 3.89% to £14.14, while Vedanta Resources and Kazakhmys have risen 3.8% to £16.93 and 3.42% to 951.5p respectively. However, International service company, Serco Group has fallen 1.55% to 462.3p and Barclays is down 1.48% to 353.75p. Ov...

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

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

UK inflation rises to 3.8% in July

UK inflation rises to 3.8% in July

Core CPI also up to 3.8%

Sorin Dojan
clock 20 August 2025 • 2 min read
Bank of England meets expectations and cuts rates to 4%

Bank of England meets expectations and cuts rates to 4%

Lowest level in two and a half years

Isabel Baxter
clock 07 August 2025 • 4 min read
Think tank warns UK fiscal hole could surpass £50bn by 2030

Think tank warns UK fiscal hole could surpass £50bn by 2030

Government not on track to meet ‘stability rule’

Sorin Dojan
clock 06 August 2025 • 1 min read