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Miners keep FTSE 100 higher



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FTSE 100 Index

Last Updated at 21 Feb 2018, 09:56 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7228.70 -
-18.07
-
-0.25

Top winner and loser

Glencore

400.35 p +
+15.95
+
+4.15

Shire Plc

2948.80 p -
-123.70
-
-4.03
value change %

FTSE 250 Index

19682.97 -
-119.94
-
-0.61

FTSE 350 Index

4028.48 -
-12.55
-
-0.31

FTSE All Share Index

3980.17 -
-11.73
-
-0.29

FTSE Techmark Index

4430.17 -
-25.88
-
-0.58
Trader in London Image copyright Getty Images

(Closing) The London market made a slight recovery from last week's 2.5% fall, gaining 0.53% to close at 6,891.43 points.

Mining stocks fared better on hopes of more infrastructure spending in China.

Antofagasta, the copper mining group was the biggest riser on the index, up 3.43% at 739.50p.

Kingfisher, Europe's largest home improvement retailer, rose 1.96% after abandoning the purchase of its French rival Mr Bricolage.

Other retailers also did well. Ocado, the online grocery supermarket rose 8.45% to 359.40p making it the best performer on the wider FTSE 250 index.

Meanwhile, shares in Compass, the world's biggest catering firm, rose 1.1% after it surprised investors by announcing that underlying revenues in the first half of its financial year are expected to rise by about 5.5%.

Arm Holdings gained 2.5% to 1106p following a rebound in semiconductor stocks in late US trade on Friday, after a report that Intel Corp was in talks to buy rival Altera Corp.

On the currency markets, the pound fell 0.59% against the dollar to $1.4789, while against the euro, sterling rose 0.2% to €1.3677.