Market Report: Copper Tarnishes Hopes of Revival

Summary


Mining stocks led the London market into the red last night as plunging copper prices weighed on investors.

Signs of slowing growth in demand in China caused the cost of copper to fall, leaving shares in mining groups at the top of the FTSE 100 Index fallers board.

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Extract


Market Report: Copper Tarnishes Hopes of Revival

This helped drag the Footsie 13.1 points lower to 4634.8, although earlier in the session it had climbed nearly 30 points high...

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