FTSE 100 movers: Miners rally again

23rd Oct 2009 16:16

Miners, whose fortunes are linked to global metals prices, were among the strongest performers on a day that ultimately turned out to be quite good for London's blue chips. Kazakhmys, Anglo American, Vedanta and Xstrata were the picks of the mining sector, with Anglo receiving an additional leg-up from a positive broker note from Deutsche Bank, while Vedanta benefits from Morgan Stanley upping its price target from 3112p to 3168p. Credit Suisse, meanwhile, has given the whole sector a rating upgrade, to 'benchmark'. Telecoms were a weak spot as they ran into some profit taking after a good run over the past couple of days. BT and Vodafone both dipped. FTSE 100 - RisersPrudential (PRU) 633.50p +5.15%Autonomy Corporation (AU.) 1,444.00p +4.56%Anglo American (AAL) 2,380.00p +4.16%Xstrata (XTA) 1,012.00p +3.69%Royal Bank of Scotland Group (RBS) 47.08p +3.45%Kazakhmys (KAZ) 1,294.00p +3.35%Vedanta Resources (VED) 2,358.00p +3.15%Old Mutual (OML) 112.70p +2.92%FTSE 100 - FallersBT Group (BT.A) 135.30p -3.15%Bunzl (BNZL) 651.50p -1.96%3i Group (III) 296.30p -1.85%Cable & Wireless (CW.) 141.00p -1.81%SEGRO (SGRO) 375.40p -1.73%RSA Insurance Group (RSA) 130.00p -1.66%Vodafone Group (VOD) 137.50p -1.43%London Stock Exchange Group (LSE) 880.00p -1.40%