FTSE shines on copper increase

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The FTSE 100 index has ended the day up 20.5 points, or 0.32%, to 6,417.8, as an increase in metal prices pushed mining stocks higher.

Vedanta Resources posted the biggest gains with a rise of 3.62% to £14.32, closely followed by Rio Tinto which added 2.46% to £31.20, while BHP Billiton climbed 1.9% to £11.81 as copper prices saw a 4% increase. 3I Group also climbed 1.97% to £11.90, while Wolseley advanced 1.84% to £12.74, although gains were limited by brewer Scottish & Newcastle which declined 1.9% to 595p. However, Sainsbury was the biggest loser with a fall of 4.01% to 538.5p, on news Lord Sainsbury and his family rejected an improved offer for the company from a private equity consortium. Morrison Supermarkets a...

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