FTSE 100 movers: Miners race ahead

9th Apr 2010 13:58

Miners are leading the way, with silver miner Fresnillo top of the tree. Xstrata is going well following reports in the Australian press that it is contemplating a bid for MacArthur Coal, the Australian miner that is, itself, attempting to take over smaller Australian rival Gloucester Coal. Mining giant Rio Tinto is also up after it said it is in talks with several of its iron ore customers about moving to quarterly pricing of iron ore contracts. The move comes after rivals BHP Billiton and Vale switched to shorter term pricing arrangements.FTSE 100 - RisersFresnillo (FRES) 880.50p +3.10%InterContinental Hotels Group (IHG) 1,061.00p +2.71%Xstrata (XTA) 1,295.00p +2.53%Lonmin (LMI) 2,109.00p +2.13%Lloyds Banking Group (LLOY) 63.87p +2.09%Aviva (AV.) 387.10p +2.06%Kazakhmys (KAZ) 1,589.00p +2.06%Compass Group (CPG) 534.50p +2.00%Tullow Oil (TLW) 1,316.00p +1.94%Scottish & Southern Energy (SSE) 1,111.00p +1.83%FTSE 100 - FallersSchroders NV (SDRC) 1,155.00p -1.11%Investec (INVP) 543.00p -0.82%Autonomy Corporation (AU.) 1,855.00p -0.54%Invensys (ISYS) 339.00p -0.50%Rolls-Royce Group (RR.) 616.50p -0.48%Wolseley (WOS) 1,565.00p -0.38%AstraZeneca (AZN) 2,923.50p -0.36%Schroders (SDR) 1,434.00p -0.35%Pearson (PSON) 994.50p -0.30%Man Group (EMG) 262.50p -0.27%