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Market News - London

Tuesday June 23, 03:34 PM
Market overview: Miners move ahead

LONDON (ShareCast) - 1530: Miner Antofagasta is now the best performer in the FTSE 100, which still sits just above the zero mark. Higher metals prices are helping the metals sector. Peers ENRC and Xstrata (LSE: XTA.L
- news) are also in the top 10. Insurer Legal & General (3166.KL - news) is now the worst performer. FTSE 100 up 9 at 4,244.

1315: Footsie (news) is still in positive territory as investors await the US open. A reasonably bright start is expected. Travel stocks are mixed, with TUI Travel (LSE: TT.L - news) higher but Thomas Cook among the fallers. FTSE 100 up 14 at 4,248.

1200: Footsie remains slightly in the blue, but still lacks direction. Thomson Reuters (TRI.TO - news) , due to delist from the London Stock Exchange (LSE: LSE.L - news) , still leads the way. Media stocks are going well with satellite TV operator BSkyB (LSE: BSY.L - news) and Financial Times publisher Pearson (LSE: PSON.L - news) in the top 10. Miner Anglo American is having a poor day after it flatly rejected Xstrata's merger approach. FTSE 100 up 16 at 4,250.

1045: Footsie is still holding onto its gains, with Thomson Reuters leading shares higher even after the media giant announced a planned delisting from London. Retailers are also going well, with supermarket operator Morrisons and B&Q owner Kingfisher (LSE: KGF.L - news) going well. FTSE 100 up 16 at 4,250.

0910: Thomson Reuters is leading Footsie higher even after the media giant announced a planned delisting from London. Travel agent operator Thomas Cook is the heaviest faller. FTSE 100 up 3 at 4,237.

0840: Footsie has just about got its head above water helped by a rally by Thomson Reuters despite a planned delisting from London. Bunzl (LSE: BNZL.L - news) is up on a solid trading statement. Miner Anglo American is the worst perfomer after it flatly rejected Xstrata's merger approach. FTSE 100 up 1 at 4,236.

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GENERAL CORP
3166.KL
1.06
+0.00%
Bunzl
BNZL.L
625.50
+0.24%
British Sky Broadcas...
BSY.L
530.50
-0.38%
Kingfisher
KGF.L
240.00
+0.00%
London Stock Exchang...
LSE.L
776.00
+2.85%
Pearson
PSON.L
833.50
+1.03%
THOMSON REUTERS
TRI.TO
33.15
+0.88%
TUI TRAVEL
TT.L
243.70
+2.39%
Xstrata Plc
XTA.L
1072.00
+4.89%
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