New records

London news

FTSE rebound led by mining shares



The leading share index staged a rebound this morning, led by mining shares.

In early deals, the FTSE rose 0.6 per cent after suffering its sharpest one-day fall yesterday since July on concerns that the US Federal Reserve could wind up stimulus programme sooner than expected.

Headline miners made up the top five FTSE risers this morning – as metal prices rallied – with Kazakhmys leading the pack, up 2.74 per cent.

Russian precious metals miner Polymetal and steelmaker Evraz were both up 2.2 per cent.

Outside of the miners, luxury retailer Burberry was up 2.2 per cent, and industrial buyout specialist Melrose rose 2.1 per cent.

Mid-cap miners and oil shares were also doing well, with Finnish miner Talvivaara up 7.2 per cent and Fortune Oil rising 4.6 per cent.

A mixed bunch of shares made up the FTSE fallers this morning. G4S topped the blue chip loser board, shedding 1.4 per cent.

Education group Pearson, which also owns the Financial Times, sank 0.8 per cent.

Brewer SAB Miller fell 0.4 per cent in early trading. Yesterday Morgan Stanley initiated its coverage of the stock with an “equal-weight” rating and a target price of 3300p.

On the wider index, Indonesian coal miner Bumi fell 4.2 per cent, as the majority of board overhaul proposals from company co-founder Nat Rothschild were rejected at the company’s EGM yesterday.

UK banking shares were mainly in positive territory this morning. HSBC rose 0.56 per cent, Barclays was up 1.17 per cent and Lloyds Banking Group rallied 0.89 per cent. Only RBS fell, shedding 0.39 per cent.

In Asia, the Nikkei closed up 0.68 per cent and in the US, the Dow Jones closed down 0.34 per cent.


Pages: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25]

A1 Kebabish Abdurazak,E, Adams Adams Kebabs
Adana Kebab House Agora Restaurant Akash Al Farooq Kebabish
Al Firdouf Takeway Al Halal Fried Chicken Alauddin Sweetmeat (U K) Ltd. Al-Azeem
Al-Hamid Chip and Kebab Alphex Ltd Ameer Kebab House American Fried Chicken
American Pie Anarkali Restaurant Ltd. Anatolia Steak & Kebab House Aris Fish Bar
Axdale Ltd B J's Pie & Mash Shop B Toksy Suya Spot Balmans Kebab Restaurant
Balti House Barbecue Kebab House Bar-B-Q-Bar Bargold Ltd
Bella Pasta Benjy's Bes Parak Daglari Best Chinese Food
Best Fry Chicken Best Kebab Ltd. Betta Bite Bhujonaloy
Bib & Tucker Birley's Sandwiches Bofu Chinese Take Away Boleyn Kebabish
Brucies Takeaway Brunos Sandwich Bar Budapest Boulevard Coffee House Burger King
Burgerking Burneys Burgers Ltd C S Lee Caesars Palace
Cafe Bangla U K Ltd. Canton Chinese Take Away Canton Take Away Cape Cod
Carlo's Restaurant Carmel Restaurant Ltd. Carolines Pizza Casanova Pizza & Open Grill & Restaurant
Castlemilk Restaurant Ltd. Chan,Clifford, Chan's Take Away Charlie Browns Sandwich Bar
Chatspice Chef Peking Fish Bar Chic N Dona Chicago Pizza & Fried Chicken
Chicken Spot Chic-King China Chef China E Caterers Ltd.
China Express China Garden Chinamen Chinatown
Chinese Mania Chippe Ltd Chong Lee Chow,Patrick,
Chow's Garden Chris' Snackbar City Fry City Kebabs
City Nights Tandoori Cloaca Ltd Club Anadonu Club Sandwich
Collins,Christine, Curry Hut Curry Point Dallas Steak House
Dans Island Delicious Destiny Restaurant Ltd. Dhaka Cafe Ltd
Dhaka Express Indian Takeaway Dil Tandoori Dimaio,Bruno, Dincer,Sesek,
Dixy Fried Chicken Dixy Pizza Dockland Diner Domino's Pizza