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Market report: Copper prices hurt miners as plans to create UK mega-mall firm unveiled

The FTSE 100 takes its cue from Wall Street and Asian markets falling 23 points to 7,362.52 on opening. Miners such as Antofagasta (ANTO) have been hit by a fall in copper prices with the company shedding 1.4% to 872.50p. Retail property company Hammerson (HMSO) sheds 3.3% to 517p after announcing plans for a retail property mega merger with Intu Properties (INTU). Intu is up 19% to 236.8p on ...

Market report: Good news from China lifts FTSE, housebuilders rise on Help to Buy extension

Good news from China overnight helps lift the FTSE 100 this morning, up 0.3% to 7,395.68. The official purchasing managers’ index data for the Chinese manufacturing sector revealed the fastest pace of expansion in five years. Political factors also remain in the frame as violent clashes between police and voters marred yesterday’s unratified referendum in Catalonia. Traders will also be ...
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