FTSE 100 movers; Vedanta leads miners lower

9th Oct 2009 13:38

Vedanta Resources is the weakest stock in a soft mining sector after Goldman Sachs said Vedanta's volumes through its aluminium, zinc and iron ore facilities were lower than expected. Lower industrial metals prices also drag down Antofagasta, ENRC and Anglo American, while gold's pull back from its recent all time high dents the appeal of gold miner Randgold Resources. Whitbread is a strong performer ahead of its trading update next week. The hotels and coffee bars group has been buoyed by better than expected results from US rival Marriott Hotels announced yesterday. Barclays Capital has adjusted its rating on Whitbread and now recommends its clients be overweight in the stock, an upgrade on its previous stance.An upbeat trading update from retailer John Lewis, which said trading for the week to last Saturday was 'excellent', has given retailers Kingfisher and Next a lift.FTSE 100 - RisersKingfisher (KGF) 233.00p +2.78%3i Group (III) 281.60p +2.74%Serco Group (SRP) 522.00p +1.66%InterContinental Hotels Group (IHG) 825.00p +1.66%BT Group (BT.A) 136.70p +1.41%Royal Dutch Shell 'B' (RDSB) 1,742.00p +1.40%Compass Group (CPG) 396.90p +1.33%Whitbread (WTB) 1,264.00p +1.20%FTSE 100 - FallersVedanta Resources (VED) 2,104.00p -3.93%Antofagasta (ANTO) 809.50p -3.00%Tullow Oil (TLW) 1,200.00p -2.36%BAE Systems (BA.) 316.60p -2.34%Xstrata (XTA) 946.50p -1.97%Standard Chartered (STAN) 1,540.00p -1.91%London Stock Exchange Group (LSE) 858.50p -1.89%Petrofac Ltd (PFC) 996.00p -1.87%