FTSE 100 movers: Resources companies hold up index

28th Jun 2010 15:27

Mining companies are helping to keep Footsie modestly ahead on the day.Fresnillo, Randgold Resources, Lonmin and Antofagasta are all higher. Recent index entrant Essar Energy is also strong after an initiation note from JPMorgan Cazenove was published with an overwieght rating for the Indian oil company. Standard Chartered has disappointed the market by saying its interim income will be the same as last year. The bank claims that economic conditions continue to improve even though market volatility has hit sentiment. RBS has been knocked by negative comment from Nomura. FTSE 100 - RisersFresnillo (FRES) 1,036.00p +3.29%Essar Energy (ESSR) 458.80p +1.80%Randgold Resources (RRS) 6,580.00p +1.54%TUI Travel (TT.) 220.10p +1.15%Lloyds Banking Group (LLOY) 54.81p +1.13%Scottish & Southern Energy (SSE) 1,131.00p +0.98%Lonmin (LMI) 1,538.00p +0.98%Antofagasta (ANTO) 835.00p +0.97%InterContinental Hotels Group (IHG) 1,149.00p +0.97%British Airways (BAY) 209.10p +0.92%FTSE 100 - FallersRoyal Bank of Scotland Group (RBS) 42.85p -3.62%Standard Chartered (STAN) 1,688.00p -3.10%Next (NXT) 2,079.00p -1.84%Rexam (REX) 309.70p -1.71%Home Retail Group (HOME) 221.30p -1.64%Sage Group (SGE) 234.10p -1.43%ICAP (IAP) 408.80p -1.42%Tesco (TSCO) 393.35p -1.33%Capita Group (CPI) 766.00p -1.29%Sainsbury (J) (SBRY) 324.10p -1.25%