Miners send FTSE 100 to three-month low

Miners send FTSE 100 to three-month low
Miners send FTSE 100 to three-month low
 
 

Thursday, 04, Feb 2010 06:03

Significant drops in the mining sector caused the FTSE 100 to plunge to a three-month low on Thursday.

At the close of play on Thursday the London index stood at 5,139.31, down 113.84 points, or 2.17 per cent.

Leading the drops was Kazakhmys, which plummeted 9.51 per cent to 1,119p, with Antofagasta also dropping 7.93 per cent to 830p.

Barclays was among the biggest fallers in the banking sector, down 7.84 per cent to 272p.

Only six companies were up at the end of the day, with Vodafone Group leading the gains - rising 3.57 per cent.

Autonomy Corporation also rose 2.7 per cent.

Earlier, the Bank of England announced it would be holding interest rates at 0.5 per cent and halting its quantitative easing (QE) programme.

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