Morning Markets: Miners send FTSE upwards

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The FTSE opened higher at 5123.14, up 17.69 points (0.35%), helped by mining companies rebounding from recent losses.

Eurasian Natural Resources topped the board at 895p, up 29 points or 3.41%, while Antofagasta is trading at 872p (up 2.47%) after Citigroup Inc. raised its recommendation for the copper producer to 'buy' from 'hold'. Kazakhmys is at £10.85, representing a 24 point (2.26%) increase, while Rio Tinto is at £31.38, up 2.10%, after the Sydney-traded shares climbed with metal prices. Schroders NV headed up the losers' board, trading at £10.12, down seven points. Elsewhere Diageo is trading at £10.78, down seven points (0.65%) while Sainsbury's fell 0.62% to trade at 330p. The Dow Jones r...

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