FTSE 100 movers: Miners fall back

16th Nov 2010 14:02

Miners and financials are falling because of concerns about the European economy. Antofagasta, Kazakhymys, Fresnillo, Rio Tinto and Xstrata are the big fallers in the mining sector as metals prices decline. Hedge fund manager Man Group is the worst performing financial. Packaging group Rexam is trading on track in both beverage cans and plastics, with cost savings coming through as planned and capacity being added in South America. Chip maker ARM is the second best performer on the back of a strong set of results from German chip group Infineon, where fourth-quarter earnings rose to €390m from €11m last year as revenue soared 55% to €942m. Infineon is also paying a dividend of €0.10 a share. FTSE 100 - RisersRexam (REX) 321.90p +3.50%ARM Holdings (ARM) 356.40p +1.37%Amec (AMEC) 1,126.00p +1.26%AstraZeneca (AZN) 3,050.00p +1.13%Capita Group (CPI) 738.50p +0.96%Autonomy Corporation (AU.) 1,412.00p +0.21%Inmarsat (ISAT) 673.00p +0.15%RSA Insurance Group (RSA) 126.90p 0.00%GlaxoSmithKline (GSK) 1,222.00p 0.00%Cobham (COB) 206.10p -0.05%FTSE 100 - FallersAntofagasta (ANTO) 1,375.00p -4.38%Man Group (EMG) 282.40p -3.85%Kazakhmys (KAZ) 1,458.00p -3.70%Fresnillo (FRES) 1,402.00p -3.51%Rio Tinto (RIO) 4,185.00p -3.34%Xstrata (XTA) 1,337.00p -3.26%Invensys (ISYS) 337.10p -3.10%Lloyds Banking Group (LLOY) 67.81p -2.95%Essar Energy (ESSR) 510.00p -2.76%Standard Chartered (STAN) 1,850.00p -2.71%