Home ForexFTSE FTSE mixed as resources taper, house builders fly

FTSE mixed as resources taper, house builders fly

by Jonathan Adams

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.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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