Miners help FTSE 100 override trade worries

Miners help FTSE 100 override trade worries
Image Credit: Flickr
  • Country:
  • United Kingdom

London's FTSE 100 weathered the impact of the latest U.S.-China tariffs on Monday, thanks to mining stocks as iron ore prices jumped after China pledged support to its economy and nickel prices gained on Indonesia's move to expedite ore exports ban.

The main index added 0.4% as shares of heavyweight miners Rio Tinto and Glencore advanced 1% each, while consumer goods firms and healthcare stocks also supported the index. The mid-cap FTSE 250 inched up 0.2% by 0713 GMT.

Also Read: FTSE 100 heads for best session in 10 days

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.