LONDON (ShareCast) - 1225: Footsie (news) is steady after good gains this morning. Miner Vedanta, up 9%, leads the way, helped by higher metals prices. Power generator International Power
(LSE:
IPR.L -
news) is the second bggest gainer after selling its Czech business. Fashion retailer Marks & Spencers is higher after reporting a rise in sales though like-for-like sales fell. FTSE 100 up 58 at 4,307.
1045: Miners continue to lift the FTSE 100, with Vedanta at the top of the pile. Fashion retailer Marks & Spencers is higher after reporting a rise in sales though like-for-like sales fell. Power generator International Power is higher after selling its Czech business. FTSE 100 up 63 at 4,312.
0840: A surge in demand for the miners has sent Footsie sharply higher in early dealings this morning. Vedanta, ENRC and Rio and Kazakmys are all in demand. Trading statements from Marks & Spencer and International Power have also been well received. FTSE 100 up 65 at 4,315.
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