Advertisement
UK markets close in 3 hours 36 minutes
  • FTSE 100

    8,335.32
    +21.65 (+0.26%)
     
  • FTSE 250

    20,413.71
    +0.63 (+0.00%)
     
  • AIM

    777.88
    +1.46 (+0.19%)
     
  • GBP/EUR

    1.1622
    -0.0002 (-0.01%)
     
  • GBP/USD

    1.2490
    -0.0020 (-0.16%)
     
  • Bitcoin GBP

    49,918.66
    -931.64 (-1.83%)
     
  • CMC Crypto 200

    1,320.82
    +26.15 (+2.02%)
     
  • S&P 500

    5,187.70
    +6.96 (+0.13%)
     
  • DOW

    38,884.26
    +31.99 (+0.08%)
     
  • CRUDE OIL

    77.55
    -0.83 (-1.06%)
     
  • GOLD FUTURES

    2,324.60
    +0.40 (+0.02%)
     
  • NIKKEI 225

    38,202.37
    -632.73 (-1.63%)
     
  • HANG SENG

    18,313.86
    -165.51 (-0.90%)
     
  • DAX

    18,492.40
    +62.35 (+0.34%)
     
  • CAC 40

    8,141.19
    +65.51 (+0.81%)
     

BUZZ-UK Miners: Precious metals boost shares, base metals recover

(Updates shares)

** Shares (Berlin: DI6.BE - news) in miners of precious metals Randgold, Fresnillo (Other OTC: FNLPF - news) , Acacia and Centamin (Toronto: CEE.TO - news) up 2.3-3 pct as gold rallies back to 3-wk highs

** Randgold also helped by PT raise by Citigroup (NYSE: C - news) to 4745p from 4644p

** Shares in London's major base metals miners BHP, Rio Tinto (LSE: RIO.L - news) , Anglo American (LSE: AAL.L - news) , Glencore (Amsterdam: GX8.AS - news) recover earlier losses

** Anglo up 0.7 pct while other three stocks down 0.2-0.8 pct

** China's devaluation of yuan hurt prices of copper, while doubts of a September rate hike by the U.S (Other OTC: UBGXF - news) . Fed boost gold

ADVERTISEMENT

** Among FTSE midcaps, Centamin, Acacia among top gainers, Petra and Lonmin (LSE: LMI.L - news) shed earlier losses to trade up

** UK mining index marginally up after falling as much as 2.7 pct in early trade

** Mining index (Jakarta: ^JKMING - news) fell as much as 2 pct on Monday before closing up 1.6 pct, turning higher on hopes of stimulus after weak data in China (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)