This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34171710
The article has changed 4 times. There is an RSS feed of changes available.
Version 2 | Version 3 |
---|---|
FTSE 100 edges higher at start of new week | FTSE 100 edges higher at start of new week |
(about 4 hours later) | |
(Close): London's leading shares traded higher on Monday, partly recovering from Friday's losses, although shedding some of its initial gains. | |
By the close, the benchmark FTSE 100 index was up 0.52% at 6,074.52, having been as much as 1.3% higher at the start. | |
On Friday, the index fell 2.4% after US jobs data fell short of expectations. | On Friday, the index fell 2.4% after US jobs data fell short of expectations. |
Mining stocks led the FTSE higher, with Antofagasta up 7.4% and Glencore adding 7.3%. | |
But with US markets closed on Monday for the Labor Day holiday, investors were not expecting any lead from Wall Street later in the day. | But with US markets closed on Monday for the Labor Day holiday, investors were not expecting any lead from Wall Street later in the day. |
Shares in AB Foods, owner of the low-cost fashion retailer Primark, fell 0.7% despite maintaining its full-year earnings forecast in a statement released on Monday. | |
On the currency markets, the pound rose 0.75% against the dollar to $1.5284 and also gained 0.57% against the euro to €1.3686. |