FTSE 100 movers: Miners help to hold up index

6th Aug 2010 14:58

Footsie is barely changed on the day despite a sharp fall after the publication of disappointing US job figures. Mining companies make up five out of the 10 best performers. Exane BNP Paribas has upgraded Kazakhmys and Rio Tinto. Lonmin is the biggest faller because of a dispute over prospecting rights in South Africa.Satellite operator Inmarsat is the best performer in the Footsie after first half profits surged ahead as earthquakes in Haiti and Chile boosted the use of its broadband service. That helped to offset lower demand in Afghanistan and Iraq, while the maritime business was hit by a weak shipping market. RSA Insurance continues to benefit from positive comment about yesterday's figures. Food and drinks companies are lower due to worries about rising wheat prices. Guinness brewer Diageo and SABMiller are both lower. Unilever has been downgraded by UBS and ING. FTSE 100 - RisersInmarsat (ISAT) 741.00p +3.93%Whitbread (WTB) 1,450.00p +2.91%Fresnillo (FRES) 1,060.00p +1.63%RSA Insurance Group (RSA) 135.50p +1.50%Kazakhmys (KAZ) 1,282.00p +1.50%Randgold Resources (RRS) 5,475.00p +1.48%Eurasian Natural Resources (ENRC) 998.00p +1.27%Rio Tinto (RIO) 3,473.50p +1.27%BP (BP.) 428.75p +1.26%Standard Chartered (STAN) 1,823.50p +1.19%FTSE 100 - FallersLonmin (LMI) 1,580.00p -3.66%Diageo (DGE) 1,080.00p -2.09%ICAP (IAP) 391.90p -2.02%SABMiller (SAB) 1,871.50p -2.02%Legal & General Group (LGEN) 87.50p -1.96%Unilever (ULVR) 1,702.00p -1.96%Aviva (AV.) 386.80p -1.90%National Grid (NG.) 530.00p -1.67%Lloyds Banking Group (LLOY) 74.92p -1.46%Compass Group (CPG) 527.50p -1.40%