Source - SMW
UK stocks opened a tad higher on Monday, buoyed by strength in the mining sector.

At 0856, the benchmark FTSE 100 index was up 4.75 points at 7,670.29.

Glencore lead miners higher with a 1.8% gain, while Antofagasta and Rio Tinto added 1.6% and 1.5%, respectively. Anglo American, meanwhile, said it had sold a thermal coal project in South Africa for around $71m. Its shares fell 0.3%.

Petra Diamonds tumbled 14% after the South African-focused miner downgraded full-year production guidance and said its earnings would fall short of market expectations.

Engineering group GKN was flat at 436p per share after the takeover target provided an update on its UK pension liabilities.

Information and analytics company Relx, meanwhile, announced it had acquired authentication group ThreatMetrix for £580m. The news sent its shares down 1.1%.

Budget accommodation provider easyHotel added 4.6% after announcing that its performance so far in the current financial year was in line with expectations.

John Laing Infrastructure Fund gained 1.6% amid confirmation that the collapse of construction group Carillion would have no material impact on the company and no impact on its dividend policy.

Nasstar, a provider of cloud computing services, said its adjusted earnings for the full year were expected to be slightly ahead of management expectations. Its shares, however, fell 2.3%.

Software provider Sopheon rallied 10% after announcing that it expected to post an annual pre-tax profit significantly above market expectations.

Customer engagement software provider Netcall gained 6.5% on the back of an expected double-digit increase in full-year revenue and earnings.

Gas and electricity utility Yu Group said revenues for the year would be significantly ahead of current market forecasts. Its shares rallied 11%. 

Sensor company Seeing Machines shed 8.1% after announcing the surprise departure of chief executive Mike McAuliffe.

Marechale Capital plunged 15% after the small investment bank revealed that its board was considering its options after the company swung to a loss and revenue plunged.