FTSE 100 down but mining stocks rise
- Published
(Close): The London market has started the week on a cautious note. At close the FTSE 100 index was up just 1.08 points, or 0.02%, at 6097.09.
Mining shares were among the biggest gainers with Anglo American, external and Glencore , externalup 6.58% and 3.90%.
FTSE 250 firm WM Morrison saw its share price rise 5.91% after announcing a tie-up with online retailer Amazon.
But rival supermarket Tesco fell 2.04% as investors worried about the outlook for the supermarket industry.
Investors are concerned about the implications for the industry and changing food shopping habits.
Meanwhile, Ocado, external, which has a 25-year agreement with Morrisons to run the supermarket's online delivery service, went south with shares falling 7.77% to 260p.
On the currency markets, the pound rose 0.38% against the dollar to $1.3924, and rose by nearly 1% against the euro to €1.2814.
- Published11 February 2016
- Published10 February 2016
- Published11 February 2016