FTSE 100 movers: Miners head higher

10th Dec 2010 14:20

Strong Chinese export figures are pushing miners higher. Vedanta and Fresnillo are leading the way as investors expect Chinese demand for metals to rise. Peter Lynas will take over as BAE Systems finance director from George Rose when he retires at the end of March after 13 years in the role. Lynas is currently director - financial control, reporting & treasury for the company. Standard Chartered continues to fall after its cautious results statement earlier this week. BofA Merrill Lynch has lowered its rating on the bank from buy to neutral.Associated British Foods is lower after its AGM statement that it will benefit from higher sugar prices but discount fashion retailer Primark's margins would be hit by higher cotton prices. FTSE 100 - RisersCobham (COB) 208.80p +2.55%BAE Systems (BA.) 332.20p +2.31%Vedanta Resources (VED) 2,249.00p +2.00%Fresnillo (FRES) 1,546.00p +1.84%Diageo (DGE) 1,182.00p +1.63%Autonomy Corporation (AU.) 1,365.00p +1.49%Xstrata (XTA) 1,440.50p +1.44%Eurasian Natural Resources Corp. (ENRC) 949.50p +1.23%Anglo American (AAL) 3,030.50p +1.19%International Power (IPR) 419.30p +1.11%FTSE 100 - FallersStandard Chartered (STAN) 1,755.00p -3.04%BG Group (BG.) 1,308.50p -1.87%Cairn Energy (CNE) 408.80p -1.49%Associated British Foods (ABF) 1,091.00p -1.27%Admiral Group (ADM) 1,545.00p -1.15%Burberry Group (BRBY) 1,125.00p -1.06%Bunzl (BNZL) 710.50p -1.04%African Barrick Gold (ABG) 603.00p -0.99%Antofagasta (ANTO) 1,495.00p -0.99%British Land Co (BLND) 507.00p -0.98%