FTSE 100 movers: Miners follow copper price higher

21st Dec 2010 12:31

Banks and financials are pushing Footsie to levels not experienced since before the banking crisis. Copper prices are at a record level on hopes that economic strength in the US will help sustain global economic growth, with miners such as ENRC and Vedanta leading miners into positive territory.Banks are recovering as worries about their exposure to the euozone ease.BT Group is lower after OFCOM said that it "infringed competition law in relation to the pricing of its 'Wholesale Calls' product between July 2008 to April 2009". The regulator accuses BT of setting out to squeeze the margins of its competitors. BG is lower after it announced that finance director Ashley Almanza is leaving at the end of March. Fabio de Oliveira Barbosa, who used to be the finance chief at Brazilian miner Vale.FTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 39.75p +3.35%Eurasian Natural Resources Corp. (ENRC) 1,027.00p +2.75%Vedanta Resources (VED) 2,459.00p +2.67%Kazakhmys (KAZ) 1,620.00p +2.66%Xstrata (XTA) 1,492.50p +2.58%Fresnillo (FRES) 1,585.00p +2.46%Rio Tinto (RIO) 4,530.50p +2.45%Anglo American (AAL) 3,215.50p +2.36%Antofagasta (ANTO) 1,582.00p +2.26%Rolls-Royce Group (RR.) 650.00p +2.04%FTSE 100 - FallersAggreko (AGK) 1,533.00p -2.36%BG Group (BG.) 1,315.00p -1.24%BT Group (BT.A) 184.90p -1.18%Cairn Energy (CNE) 416.80p -0.83%Capital Shopping Centres Group (CSCG) 416.60p -0.79%British Land Co (BLND) 521.00p -0.76%GlaxoSmithKline (GSK) 1,253.50p -0.75%Intertek Group (ITRK) 1,867.00p -0.64%Next (NXT) 1,958.00p -0.51%Inmarsat (ISAT) 683.00p -0.51%