Morning Markets: FTSE flops as mining rally ends

Miners weighed on the main London index as investors sold shares following a surge in the sector earlier this week. The index was down 14.37 points (0.28%) at 5,149.58. Precious metal mining firm, Johnson Matthey, is leading the downside with shares having fallen 3.83% to £14.30. Tullow Oil, Antofagasta, Cairn Energy and Lonmin were also down by over 2% each so far this morning. Kingfisher is an early winner however, after the B&Q owner reported its first year profits were up 35% at £288m. Shares in the company were up 1.77% at 206.60p. After a flat day of trading, the Dow Jones...