FTSE 100 movers: Profit-taking in miners

10th Nov 2010 13:59

Miners are on the slide and dragging down Footsie. Gold and silver reached new highs yesterday and eight of the worst ten performers are miners as investors take profits. Kazakhmys and Randgold are the biggest fallers but Anglo American is bucking the trend. Tullow Oil's interim management statement says that the first production from the Jubilee prospect in Ghana is expected in early December. Tullow is starting a major exploration programme which Panmure Gordon hopes could add significant shareholder value. Utility Scottish & Southern Energy has bumped up its interim dividend by 7% to 22.4p a share, and said it is on course for a full year dividend of at least 74.5p per share.FTSE 100 - RisersBAE Systems (BA.) 362.30p +3.96%Scottish & Southern Energy (SSE) 1,154.00p +3.22%ICAP (IAP) 496.60p +1.68%SABMiller (SAB) 2,056.50p +1.66%Tullow Oil (TLW) 1,249.00p +1.46%National Grid (NG.) 583.50p +1.39%Old Mutual (OML) 134.00p +1.21%BT Group (BT.A) 161.10p +1.19%Kingfisher (KGF) 239.80p +1.01%Anglo American (AAL) 2,985.00p +0.88%FTSE 100 - FallersKazakhmys (KAZ) 1,506.00p -3.03%Randgold Resources Ltd. (RRS) 6,085.00p -2.87%Lonmin (LMI) 1,843.00p -2.69%BHP Billiton (BLT) 2,405.50p -2.57%Rio Tinto (RIO) 4,344.00p -2.47%Antofagasta (ANTO) 1,425.00p -2.46%Weir Group (WEIR) 1,668.00p -2.40%Eurasian Natural Resources Corp. (ENRC) 986.50p -2.23%Fresnillo (FRES) 1,417.00p -2.14%InterContinental Hotels Group (IHG) 1,118.00p -1.93%