Miners bury FTSE gains

clock

The FTSE 100 has ended the day down 53.3 points, or 0.81%, to 6,550.4, as miners declined on falling metal prices.

Vedanta Resources dropped 2.94% to £13.86, closely followed by BHP Billiton which slipped 2.71% to £11.85, while Rolls-Royce Group declined 3.52% to end the session at 493.5p. However, Hanson was the biggest loser with a fall of 3.78% to £10.30, while property company Hammerson slipped 2.71% to £15.81, although losses were limited by Morrison Supermarkets which climbed 1.82% to 335.25p. Tate & Lyle posted the biggest gains with a rise of 3.34% to 664.5p, closely followed by Home Retail which added 3.21% to 483p, while Unilever gained 1.97% to £16.58, and Reuters advanced 2.31% to 630p, ...

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

Why the lead-up to the Budget may have been worse than the Budget itself

Why the lead-up to the Budget may have been worse than the Budget itself

What Rachel Reeves and Dr Evil have in common

Laith Khalaf
clock 13 November 2024 • 4 min read
Bank of England meets expectations with 25 basis point rate cut to 4.75%

Bank of England meets expectations with 25 basis point rate cut to 4.75%

'Continued progress' on disinflation

Valeria Martinez
clock 07 November 2024 • 2 min read
'Budget will be a reset for our economy' Reeves tells IMF colleagues

'Budget will be a reset for our economy' Reeves tells IMF colleagues

Autumn Budget on 30 October

Linus Uhlig
clock 24 October 2024 • 2 min read