Friday, April 19, 2013

Reuters: Hot Stocks: Britain's FTSE edges higher, miners advance

Reuters: Hot Stocks
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Britain's FTSE edges higher, miners advance
Apr 19th 2013, 07:09

LONDON, April 19 | Fri Apr 19, 2013 3:09am EDT

LONDON, April 19 (Reuters) - Britain's top share index advanced on Friday, recouping a fraction of recent steep losses caused by global growth concerns, with some investors looking for bargains in a market that is likely to remain choppy.

The FTSE 100 index rose 13.19 points, or 0.2 percent, to 6,256.07, but still headed for a weekly decline of about 2 percent.

Miners, battered in the recent sessions following a sharp sell-off in commodity prices, lead the gains, with Anglo American rising 1.7 percent after posting slightly higher copper and iron ore production in the first quarter of 2013.

The UK mining index rose 1.7 percent.

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