FTSE 100 movers: Miners march on a Monday; Paddy Power slips as CEO quits

Mining heavyweights Anglo American, Glencore, BHP Billiton and Rio Tinto led the top risers in the session after a Monday morning rally for iron ore prices on fears of winter supply issues

Gold miners Randgold Resources and Fresnillo were up even though the yellow metal's prices were back below $1,260 after Friday’s jobs report led to big gains for the dollar and increased the relative cost of owning the zero-yielding metal.

Leading the fallers was bookmaker Paddy Power Betfair after confirming that chief executive Breon Corcoran will be stepping down after 16 years in the job. The recently merged group said interim revenue growth would be up 9% and underlying EBITDA up 21% when it reports on Tuesday.

With Visa's Consumer Spending Index showing a fall in consumer spending for a third consecutive month, the longest such streak since February 2013, several retailers were in the red, led by Next, Marks & Spencer and Kingfisher. Consumer spending saw an overall annual drop of -0.8% following declines in May and June.

Market Movers

FTSE 100 (UKX) 7,522.46 0.14%

FTSE 100 - Risers

Anglo American (AAL) 1,300.00p 2.32%
Coca-Cola HBC AG (CDI) (CCH) 2,399.00p 2.17%
Glencore (GLEN) 345.05p 2.15%
Rio Tinto (RIO) 3,606.50p 1.71%
BHP Billiton (BLT) 1,387.00p 1.61%
Persimmon (PSN) 2,500.00p 1.46%
Convatec Group (CTEC) 288.20p 1.30%
Taylor Wimpey (TW.) 190.30p 1.28%
Legal & General Group (LGEN) 275.60p 1.14%
Randgold Resources Ltd. (RRS) 7,180.00p 1.13%

FTSE 100 - Fallers

Paddy Power Betfair (PPB) 7,465.00p -5.74%
Next (NXT) 4,292.00p -2.30%
Merlin Entertainments (MERL) 479.50p -2.02%
Mediclinic International (MDC) 742.50p -1.79%
Pearson (PSON) 646.00p -1.45%
Provident Financial (PFG) 2,070.00p -1.43%
Imperial Brands (IMB) 3,263.00p -1.36%
Centrica (CNA) 197.30p -1.20%
Marks & Spencer Group (MKS) 326.60p -1.18%
Sainsbury (J) (SBRY) 249.90p -1.03%