Home ForexFTSE FTSE mixed as resources taper, house builders fly

FTSE mixed as resources taper, house builders fly

by Paul

London stocks are mixed, having tapered at the start of play, with miners stampeding lower as the prices of Comex-traded gold, silver and copper slipped. Oil majors were lower beside sagging crude prices, but UK house builders continued their run-up.

Soon after the open, FTSE 100 was down 14.96 points, or 0.22%, to 6853.55, while FTSE 250 rose 36.52, or 0.2%, to 18,019.0. At 8.36am, WTI crude was down 1.79% to $47.24 (£35.75) and Brent was down 1.54% to $49.19/bbl (£37.19/bbl). Gold fell 0.39% to $1340.8/oz (£1017.00/oz), with silver and copper easing similarly.

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