FTSE 100 Movers: Miners dragging index down

11th Oct 2011 14:34

Miners were dragging the index lower as investors looked to avoid risk ahead of the Slovakian vote on ratifying the European bail-out funs.Multi-metal mining titan Eurasian Natural Resources Corp was one of those on the slide, after it announced that it is looking to take full ownership of part-owned Kazak thermal coal producer Shubarkol Komir, thereby expanding its presence in the coal market of Kazakhstan. "Safe" stocks such as Imperial Tobacco were doing better as investors looked to more secure options to put their money amid the on-going Eurozone crisis.Sainsbury's investors appeared unimpressed with the supermarket's £1m acquisition of online entertainment company Global Media Vault from MBL Group.The acquisition, which moved the share price more than 1.5% lower, was made to support the retailer's drive into the online and digital entertainment market following the launch of the Sainsbury's Entertainment website in November 2010.FTSE 100 - RisersCompass Group (CPG) 537.50p +1.70%BAE Systems (BA.) 274.90p +1.66%Kingfisher (KGF) 261.00p +1.12%Imperial Tobacco Group (IMT) 2,175.00p +1.02%Royal Bank of Scotland Group (RBS) 24.70p +0.37%Hargreaves Lansdown (HL.) 467.70p +0.36%Johnson Matthey (JMAT) 1,757.00p +0.34%Next (NXT) 2,566.00p +0.31%Meggitt (MGGT) 351.90p +0.20%Pearson (PSON) 1,160.00p +0.09%FTSE 100 - FallersOld Mutual (OML) 108.90p -3.88%Cairn Energy (CNE) 286.60p -3.79%Antofagasta (ANTO) 1,053.00p -3.75%Ashmore Group (ASHM) 315.00p -3.73%Man Group (EMG) 164.60p -3.69%Tullow Oil (TLW) 1,367.00p -2.91%Eurasian Natural Resources Corp. (ENRC) 621.00p -2.89%Xstrata (XTA) 912.00p -2.68%Kazakhmys (KAZ) 863.00p -2.65%Aggreko (AGK) 1,694.00p -2.64%NR