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Mining gains buoy FTSE (AFP)
LONDON (AFP) –
London shares continued to rise Tuesday as mining stocks were bolsted by a rise in commodity prices.
rose 0.68 percent to 5,283.31 points
Lloyds was the most traded stock, seeing 176 million units change hands, followed by BP, which saw 119 million shares switch owners.
Miner Eurasian topped the leader board, gaining 43 pence — or 4.6 percent — to finish at 977, followed by Amec, which added 34 pence — or 4.52 percent — to stand at 785.
The session's biggest loser was BP, which slipped 22.6 pence — or 3.8 percent — to close at 572, followed by
, which shed 22 pence — or 1.88 percent — to finish at 1148.
Meanwhile, sterling lost ground to the euro but was up against the dollar.
At 17:00, the pound was trading at $1.5970 from $1.5926 at the same time Friday, while against the euro, the pound stood at 1.1443 euros, from 1.1452 over the same period.