Morning markets: FTSE falls on miner losses

Miners are pulling down London's main index in early trading, offsetting strong demand for supermarket groups.

The FTSE opened down 22.74 points, or 0.41%, at 5507.30. Worst performers included Eurasian Natural Resources which fell 22.5p, or 2.3%, to £9.56.5p per share. Randgold Resources was down £1, or 1.88%, at £52.25 while Xstrata dropped 25p, or 2.03%, at £12.04. International emerging markets bank Standard Chartered also suffered in early trading, down 38p, or 2.35%, to £15.81.5p, as did RBS, which was down 0.68p, or 1.85%, to 36p per share. Supermarkets have fared better off the back of strong reports from Sainsbury's of a record Christmas performance, This rounded off third quarter ...