{"id":11429,"date":"2017-10-20T09:54:24","date_gmt":"2017-10-20T09:54:24","guid":{"rendered":"http:\/\/www.bnreport.com\/miners-boost-the-ftse-as-copper-prices-rise\/"},"modified":"2017-10-22T09:22:50","modified_gmt":"2017-10-22T09:22:50","slug":"miners-boost-the-ftse-as-copper-prices-rise","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/miners-boost-the-ftse-as-copper-prices-rise\/","title":{"rendered":"Miners boost the FTSE as copper prices rise"},"content":{"rendered":"

Mining companies rose to the top of the UK’s two biggest stock indices this morning, boosted by rising London copper prices.<\/p>\n

Antofagasta, Anglo American<\/a> and Rio Tinto led the pack on the FTSE 100<\/a>, with shares up between two and three per cent this morning as copper prices were on track for their fourth weekly gain.<\/p>\n

“Commodity stocks are helping boost the FTSE this morning, with Antofagasta<\/a> leading the way after copper prices jumped to the highest level in over three years,” said Joshua Mahony, market analyst at IG.<\/p>\n

Shares in Glencore<\/a> and BHP Billiton<\/a> were also on the rise.<\/p>\n

On the FTSE 250, iron ore miner Ferrexpo, copper producer Kaz Minerals<\/a> and steelmaker Evraz were among the top risers.<\/p>\n

\u201cThe focus this week has been on China, which has seen strong construction and that\u2019s led to higher demand for commodities,\u201d said Rachel Winter, senior investment manager at Killik & Co, according to Reuters.<\/p>\n

Read more<\/strong>: Oil rout makes Goldman Sachs review commodities division<\/a><\/p>\n

Let’s block ads!<\/a><\/strong> (Why?)<\/a><\/p>\n

Original Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mining companies rose to the top of the UK's two bigges..<\/p>\n","protected":false},"author":1,"featured_media":13253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-11429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nMiners boost the FTSE as copper prices rise - Business News Report<\/title>\n<meta name=\"description\" content=\"Mining companies rose to the top of the UK's two bigges..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/miners-boost-the-ftse-as-copper-prices-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miners boost the FTSE as copper prices rise - 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