9 Jul 2015
FTSE pushed higher by mining stocks
FXStreet (Mumbai) - The London’s Ftse index rose for the second day on the back of gains in the mining stocks.
Mining stocks gain, while Oil stocks drop
The Mining index is up 0.60% as the commodity prices took a breather on sharp gains seen in the Chinese equity markets. However, the Oil index fell 0.41% , even though the crude prices ticked higher.
Among the miners, Anglo American and Rio Tinto are up 1.3% and 1% respectively. Meanwhile, among the index stocks, Assoc. British Foods is up 3.43%, followed by a 3.15% gain in Taylor Wimpey. The losing side includes names like Next, J Sainsbury, Schroders, Rolls Royce.
The index currently trades is up 0.62% or 40.30 points at 6531.00. The index has moved further away from the six-month lows.
Mining stocks gain, while Oil stocks drop
The Mining index is up 0.60% as the commodity prices took a breather on sharp gains seen in the Chinese equity markets. However, the Oil index fell 0.41% , even though the crude prices ticked higher.
Among the miners, Anglo American and Rio Tinto are up 1.3% and 1% respectively. Meanwhile, among the index stocks, Assoc. British Foods is up 3.43%, followed by a 3.15% gain in Taylor Wimpey. The losing side includes names like Next, J Sainsbury, Schroders, Rolls Royce.
The index currently trades is up 0.62% or 40.30 points at 6531.00. The index has moved further away from the six-month lows.