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Sector movers: Miners exert drag on FTSE 350

Sector movers: Miners exert drag on FTSE 350

(Sharecast News) - Miners were again the biggest drag on the FTSE 350 after ratings agency Moody's lowered its outlook for China's sovereign debt from 'stable' to 'negative'. On the back of the move, copper futures on COMEX gave back another 1.3% to $3.7855/lb.. The...

Sector movers: Oil stocks skid after OPEC+ surprise

(Sharecast News) - Weakness in the oil patch after OPEC+ delayed its next ministerial meeting amid a squabble over production quotas weighed on the FTSE 350. On Wednesday, the Organisation of Petroleum Exporting Countries and its main allies said the next meeting...

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