Miners drag FTSE 100 down at close of play

FTSE 100 closes down 30.16 points, or 0.57 per cent, at close of trading on Wednesday

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Wednesday, 03, Feb 2010 05:04

By Matthew Champion.

The FTSE 100 closed down 30.16 points, or 0.57 per cent, on Wednesday as the market was unable to close up for a fourth day straight.

At close of trading the leading share index stood at 5,253.15, with AstraZeneca leading the losses at 3.84 per cent.

But worries over the pharmaceutical giant's new cancer drug were not the biggest downward force on the index, that dubious honour going to - once again - the miners.

Antofagasta and Lonmin fared the worst, down 3.17 per cent 3.15 per cent respectively, while Xstrata, Fresnillo, Anglo American and Eurasian Natural Resources Corp all slipped between 2.87 per cent and 2.56 per cent.

Leading the gains meanwhile was Standard Life, up 3.44 per cent, with Aggreko (2.92 per cent), Prudential (2.53 per cent) and WPP (2.48 per cent) also on the rise.