25 SEPTEMBER 2015www.digitallook.com
LME aluminium down 0.6% - mining and metal stocks drag FTSE 100 lower
Edited by : AL CIRCLE
1 min read
Mining and metal stocks led the London market lower on September 24, Thursday, as the commodities market saw another tumultuous trading session.
The FTSE 100 fell below 6,000-level closing 1.17% or 70.75 points lower at 5,961.49, while the FTSE 250 closed down 0.87% or 145.32 points at 16,514.53. Selected base metal futures fell further on the London Metal Exchange extending Wednesday’s declines.
Past the midway point of trading, LME’s three-month delivery contracts of most non-ferrous and base metals were down; primary aluminium was down 0.6%. Glencore took a hammering with its share price breaching the 100p-level to close at 98.61p, down 9.62% as the biggest blue chip faller.
The FTSE 100 fell below 6,000-level closing 1.17% or 70.75 points lower at 5,961.49, while the FTSE 250 closed down 0.87% or 145.32 points at 16,514.53. Selected base metal futures fell further on the London Metal Exchange extending Wednesday’s declines.
Past the midway point of trading, LME’s three-month delivery contracts of most non-ferrous and base metals were down; primary aluminium was down 0.6%. Glencore took a hammering with its share price breaching the 100p-level to close at 98.61p, down 9.62% as the biggest blue chip faller.
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