FTSE 100 continues steady rise on miners

FTSE 100 share index rises to 14-month high in early trading on Monday
FTSE 100 share index rises to 14-month high in early trading on Monday
 
 

Monday, 16, Nov 2009 09:54

By inthenews.co.uk staff..

The FTSE 100 share index rose to a 14-month high on Monday, driven up by the underlying strength of mining and energy stocks.

Shortly before 09:30 GMT the index was up 60.21 points to 5,356.59, continuing the growth that saw the index rise almost three per cent last week.

Leading the rises was Lonmin, up 5.4 per cent.

Randgold Resources, Rio Tinto, Xstrata, Kazakmys, BHP Billiton and Anglo American all rose between 2.5 and five per cent meanwhile.

In the banking sector, HSBC led the gains up 1.1 per cent.

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