FTSE 100 movers: Randgold makes late bounce, as constituents all in red

24th Aug 2015 15:27

(ShareCast News) - Every one of the FTSE 100 shares were in the red on Monday, as stock markets all belly flopped the world over, sparked by a dismal finish last week and a bad start from China on Monday morning. After falling more than 5% at one stage, the FTSE pared losses latter in the London session, down 3.4% an hour before the close.Randgold shares were approaching parity late in the session, as gold prices benefitted from haven demand. JP Morgan said in a note that with falling energy prices and US dollar strength, fewer investors expect a rate hike in September, which "should provide a near-term positive catalyst for gold".Fallers were led by Glencore, Anglo American and BHP Billiton, as the worries around China intensified, with Rio Tinto and Antofagasta also severely dented.BHP is due to publish results on Tuesday and, as it is rocked by the collapse in oil, coal, copper and iron ore prices earnings are expected to show a significant fall to around £4bn for the year, with potential to fall further in 2016.Coca-Cola HBG was another big faller, erasing all its gains from August, but not based on any specific news.FTSE 100 - Risersn/aFTSE 100 - FallersGlencore (GLEN) 139.55p -11.98%Anglo American (AAL) 666.80p -9.01%BHP Billiton (BLT) 981.30p -7.90%Coca-Cola HBC AG (CDI) (CCH) 1,257.00p -7.16%St James's Place (STJ) 852.00p -7.09%Standard Life (SL.) 399.30p -6.66%Rio Tinto (RIO) 2,165.50p -6.46%Antofagasta (ANTO) 527.50p -6.31%Mondi (MNDI) 1,356.00p -6.16%BG Group (BG.) 938.70p -6.08%