Markets: miners bounce back to lift FTSE 100
The FTSE 100 bounced back yesterday as miners clawed back some of Friday’s losses.
- FTSE 100 up 0.5% to 6,074
- Gold down 0.36% to $1,119.41
- £/$ - 1.5170
Antofagasta was the day's top performer, up 7.4%, Glencore added 7.3%, and Anglo American was 1.5% higher.
In Europe's markets yesterday, the Paris CAC 40 rose 0.6% to 4,549, and the German Xetra Dax was 0.7% higher at 10,108.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
America's markets were closed for a public holiday.
Overnight in Japan, the Nikkei 225 fell 2.4% to 17,427, and the broader Topix index lost 2% to 1,416. And in China, the CSI 300 rose 2.6% to 3,334, and the Shanghai Composite added 2.9% to 3,321.
Brent spot was trading at $48.26 early today, and in New York, crude oil was at $44.75. Spot gold was trading at $1,121 an ounce, silver was at $14.60 and platinum was at $995.
In the forex markets this morning, sterling was trading against the US dollar at 1.5342 and against the euro at 1.3724. The dollar was trading at 0.8945 against the euro and 120.09 against the Japanese yen.
And today, Japanese insurance firm Mitsui Sumitomo has agreed a £3.5bn takeover of FTSE 250-listed Amlin, just a month after Amlin's chief executive, Charles Philipps, said "We are not for sale". Amlin shareholders will receive 670p per share, some 36% over yesterday's closing price.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
How does the Lifetime ISA work? Key LISA rules
What is a Lifetime ISA (LISA) and how much could the government bonus boost your savings by? We look at the perks and the pitfalls.
-
AJ Bell: a fine British fintech going cheap
Opinion Don’t overlook investment platform AJ Bell, a significantly undervalued British business with an excellent financial base