| CATEGORY: RISERS AND FALLERS SECTOR: MINING |
FTSE 100 movers: Copper rally lifts Antofagasta |
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Tue 29 Jan 2008
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LONDON (SHARECAST) - Copper miners are in demand after the price of the metal per tonne rose over $100 in China overnight encouraging buyers to return after a difficult few days.
Chile-based Antofagasta is top of the FTSE 100 movers, followed by Kazakmys. Gold prices have also continued to climb lifting Anglo American.
Shire is weak again on reports yesterday that sales of its new hyperactivity drug Vyvanse have been disappointing. Sanford Bernstein downgraded its sales estimates yesterday. Vyvanse is designed to replace the blockbuster Adderall XR, whose patent expires next year.
BAE Systems slipped on a report that two of its flagship projects, the Astute submarine and Type 45 destroyer, have experienced a massive budget overspend over the past two years.
FTSE 100 - Risers
Antofagasta (ANTO) 659.00p +5.02%
Thomas Cook Group (TCG) 258.75p +4.97%
Anglo American (AAL) 2,580.00p +4.67%
Kazakhmys (KAZ) 1,186.00p +4.13%
Xstrata (XTA) 3,650.00p +3.93%
Cairn Energy (CNE) 2,596.00p +3.72%
Kingfisher (KGF) 142.50p +3.71%
Taylor Wimpey (TW.) 189.80p +3.55%
FTSE 100 - Fallers
Shire (SHP) 924.50p -2.32%
Imperial Tobacco Group (IMT) 2,322.00p -2.03%
London Stock Exchange Group (LSE) 1,743.00p -1.41%
BAE Systems (BA.) 466.75p -1.37%
Alliance & Leicester (AL.) 716.00p -1.24%
Land Securities Group (LAND) 1,566.00p -1.20%
Royal Dutch Shell 'A' (RDSA) 1,799.00p -1.10%
Man Group (EMG) 530.00p -1.03%
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