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| Version 1 | Version 2 |
|---|---|
| Mining shares drag FTSE 100 lower | Mining shares drag FTSE 100 lower |
| (about 1 hour later) | |
| (Noon): After a bright start, shares edged lower in morning trading, dragged down by energy and mining stocks. | (Noon): After a bright start, shares edged lower in morning trading, dragged down by energy and mining stocks. |
| Overall, the FTSE 100 was down 21 points, or 0.3%, at 6,331.56. Miner BHP Billiton was down 2.2%, while Antofagasta was 1.9% lower. | Overall, the FTSE 100 was down 21 points, or 0.3%, at 6,331.56. Miner BHP Billiton was down 2.2%, while Antofagasta was 1.9% lower. |
| These falls more than offset gains made by hotel groups, which were boosted by strong results. | These falls more than offset gains made by hotel groups, which were boosted by strong results. |
| Intercontinental Hotels saw gains of 5.2% after posting third-quarter growth figures that beat expectations. | Intercontinental Hotels saw gains of 5.2% after posting third-quarter growth figures that beat expectations. |
| Premier Inns owner Whitbread also reported a strong performance, seeing growth of 5.4% in first-half profits. Its shares rose 2.3%. | Premier Inns owner Whitbread also reported a strong performance, seeing growth of 5.4% in first-half profits. Its shares rose 2.3%. |
| On the currency markets, the pound was 0.1% higher against the dollar at $1.5474, and down 0.4% against the euro at €1.3601. |