FTSE falls as base metal prices increase

Thursday, 08 April 2010 11:37

By myfinances.co.uk staff

The FTSE 100 Index lost 49.47 points, or 0.9 per cent, to 5,712.59 in early trading led by commodity producers, as weaker metals and crude oil prices dragged down mining and energy companies.

Xstrata lost 1.6 per cent to 1,292.5p while Antofagasta dropped 0.8 per cent to 1,059p as copper, lead, nickel, tin and zinc prices fell.

BP lost 0.7 per cent to 637.60p and Shell retreated 0.5 per cent to 1,925.5p.

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