Reuters: Hot Stocks: FTSE steadies near 5-1/2-year high, miners up

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

FTSE steadies near 5-1/2-year high, miners up May 13th 2013, 07:13 LONDON | Mon May 13, 2013 3:13am EDT LONDON May 13 (Reuters) - Britain's top share index steadied in early dealings on Monday, with disappointing Chinese industrial data and concerns of a sell-off following new 5-1/2-year highs for the index prompting investors to trade cautiously. At 0710 GMT, the FTSE 100 index was flat at 6,625.23 points after advancing for a seventh straight session on Friday and finishing 0.5 percent firmer at 6,624.98, its highest close since Oct. 2007. However, miners gained following some positive company announcements. South African platinum miner Lonmin climbed 6 percent after saying its first-half pre-tax profit rose to $54 million from $18 million a year ago as it recovered from a tough 2012. Miner Glencore Xstrata rose 0.1 percent after saying its copper production rose 18 percent in the first quarter of 2013, as it ramped up new and expanded operations to substitute depleted mines. (Reporting by Atul Prakash)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions