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The FTSE 100 edges slightly higher despite weak mining stocks



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FTSE 100 Index

Last Updated at 16 Oct 2017, 15:21 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7526.97 -
-8.47
-
-0.11

Top winner and loser

Standard Life Aberdeen

446.30 p +
+9.10
+
+2.08

Convatec Group

205.00 p -
-74.30
-
-26.60
value change %

FTSE 250 Index

20217.13 -
-42.38
-
-0.21

FTSE 350 Index

4184.93 -
-5.40
-
-0.13

FTSE All Share Index

4132.62 -
-4.44
-
-0.11

FTSE Techmark Index

4667.09 +
+3.11
+
+0.07

(Close): The FTSE 100 had made little headway by the end of trading, with weaker mining and supermarket shares offsetting a rise in the bank sector.

The index closed up just 1.35 points at 6,734, with Sky shares the biggest riser with a 2.57% jump.

Sainsbury and Kingfisher were the big losers, with both down more than 4%.

RBS, up 2%, led banks higher, and oil services firm Petrofac regained a small portion of Monday's heavy fall, closing up 1.5%.

Heavyweight miners BHP Billiton and Anglo American fell nearly 2% after their boost from Friday's surprise cut in Chinese interest rates started to fade.

Lower oil prices helped support shares in airlines. EasyJet and IAG, the owner of British Airways, rose about 1%.

Outside the top flight, shares in JD Sports rose 4% as investors welcomed the disposal of its loss-making Bank fashion division to restructuring firm Hilco.

JD Sports said the remainder of its businesses were trading in line with expectations.