LONDON (ShareCast) - 0825: The FTSE 100 is down 7 at 5,202, reflecting last night's performance on Wall Street where gains were trimmed after London closed. Miners are responsible for much of the early dip over here, with Randgold, Lonmin
(LSE:
LMI.L -
news) , Antofagasta (LSE:
ANTO.L -
news) and Rio Tinto (LSE:
RIO.L -
news) reacting to weaker metal prices. Whitbread (LSE:
WTB.L -
news) is the best of the early risers, adding almost 3% after it reported an improving trend at its budget hotel chain Premier Inn. ITV (LSE:
ITV.L -
news) rallied 4% on news it is to raise £120m through convertible bonds and reiterated it has no plans for a rights issue.
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