Morning Markets: Miners surge but FTSE flat

clock

The FTSE has opened flat despite a rally from miners and natural resources companies.

London's blue chip index is up 0.35 points (0.01%) to 4817.90, buoyed by the performance of metal miners, as gold, silver, platinum and copper futures held steady. Gold extractor, Randgold Resources, is among the winners in early trading, up 7.51% to £39.66, while silver miner, Fresnillo, has added 5.64% to 637p. Platinum miner, Lonmin, has gained 3.89% to £14.14, while Vedanta Resources and Kazakhmys have risen 3.8% to £16.93 and 3.42% to 951.5p respectively. However, International service company, Serco Group has fallen 1.55% to 462.3p and Barclays is down 1.48% to 353.75p. Ov...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

UK wage growth hits 5.2% in the three months to April as unemployment ticks up

UK wage growth hits 5.2% in the three months to April as unemployment ticks up

LFS credibility still uncertain

Linus Uhlig
clock 10 June 2025 • 2 min read
Reform UK deputy leader challenges Bank of England governor over interest payments

Reform UK deputy leader challenges Bank of England governor over interest payments

Move could raise £35bn a year

Patrick Brusnahan
clock 09 June 2025 • 1 min read
Partner Insight: Deglobalisation and tariffs are transforming US dollar dynamics

Partner Insight: Deglobalisation and tariffs are transforming US dollar dynamics

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund
clock 05 June 2025 • 9 min read
Trustpilot
Loading page