Business

Mining stocks lead FTSE 100 higher

Market trader (file picture) Image copyright PA

(Close): Rising oil and commodity-related stocks pushed London's main share index up on Friday.

The FTSE 100 index rose 24 points, or 0.4%, to 6,209.63.

Leading the index higher were mining company Fresnillo, up 7.5% and Randgold Resources, also up more than 7%.

On the downside, supermarket groups fell, with Tesco the biggest faller, down 4.3%, closely followed by Sainsbury, which fell 4.2%.

BP shares were up 1.3%. It agreed to pay $175m to settle a claim from shareholders that it had misled them over the size of the 2010 Gulf of Mexico oil spill.

On the currency markets, the pound jumped 0.67% against the dollar to $1.4519, and dropped 0.86% against the euro to €1.2823.