The Independent
The Independent
UK · 21 mins ago

Miners weaken as FTSE 100 underperforms peers

The FTSE 100 closed lower in London on Thursday, despite a resilient economic growth print, as weak miners and a number of index heavyweights trading ex-dividend weighed.The FTSE 100 Index closed down 60.48 points, 0.6%, at 10,772.67.The FTSE 250 ended up 22.83 points, 0.1%, at 24,837.71, while the AIM All-Share closed down 3.05 points, 0.4%, at 800.88.Mining stocks were prominent fallers.Antofagasta led the way, down 6.8%, following half-year results, followed by Rio Tinto, down 4.8%, and Fresnillo, down 4.7%, both of which traded ex-dividend.Also trading ex-dividend, BP was down 1.6%, and Shell was down 1.0%, also not helped by a lower oil price, while London Stock Exchange Group fell 2.2%.A weaker gold price also held back mining stocks, with the yellow metal trading at 4,369.95 dollars
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