LONDON (ShareCast) - 0910: Shares in Whitbread (LSE: WTB.L - news) are higher after the Premier Inn and Costa Coffee owner reported an
improving trend at its budget hotel chain. Miners and banks leading Footsie (
news) lower. FTSE 100 down 17 at 5,192.
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 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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