Miners stand out in poor performing markets

Miners stand out in poor performing markets

The FTSE 100 fell 0.346pc ahead of the Spring Statement, which is expected to include reviewed economic forecasts and public spending, although is not thought to include major policy announcements.

Antofagasta and Glencore were amongst the few FTSE 100 companies with notable gains, up 1.85pc and 1.15pc respectively on a poor performing market.

Brent crude was down 0.34pc at $64.73, with losses reduced by a supply disruption in Libya.

Sterling fell 0.2pc against the dollar to $1.3879 as traders hesitated to take big positions ahead of Spring Statement and new US inflation data.

Leave a Comment

Your email address will not be published. Required fields are marked *

*