FTSE 100 movers: Miners fall on weaker copper price; Banks in favour

by | Aug 7, 2023

(Sharecast News) – Mining and metal stocks were out of favour on Monday in response to weaker copper prices.
Anglo American, Glencore, Endeavour Mining and Antofagasta were all lower as a result.

Shares in student accommodation provider Unite Group slipped after RBC Capital Markets cut its rating to ‘sector perform’ from ‘outperform’.

Banks were also in favour with NatWest, Barclays and HSBC all higher.

Market Movers

FTSE 100 (UKX) 7,549.82 -0.19%
FTSE 100 – Risers

Melrose Industries (MRO) 539.40p 1.89%
Rolls-Royce Holdings (RR.) 210.00p 1.69%
3i Group (III) 1,929.50p 1.55%
HSBC Holdings (HSBA) 644.10p 1.21%
Fresnillo (FRES) 563.60p 0.93%
Airtel Africa (AAF) 115.40p 0.87%
NATWEST GROUP (NWG) 239.40p 0.84%
BAE Systems (BA.) 1,017.00p 0.79%
Standard Chartered (STAN) 747.40p 0.78%
InterContinental Hotels Group (IHG) 5,650.00p 0.64%

FTSE 100 – Fallers

Scottish Mortgage Inv Trust (SMT) 694.60p -2.09%
Unite Group (UTG) 943.00p -2.08%
Glencore (GLEN) 455.35p -1.69%
Anglo American (AAL) 2,205.50p -1.65%
B&M European Value Retail S.A. (DI) (BME) 535.80p -1.62%
BT Group (BT.A) 113.15p -1.52%
Next (NXT) 6,856.00p -1.35%
Endeavour Mining (EDV) 1,716.00p -1.32%
Antofagasta (ANTO) 1,612.00p -1.32%
JD Sports Fashion (JD.) 147.35p -1.27%

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