Energy and Financial Stocks Mixed, Helped by Increases In Metals Prices
October 6th, 2009 | File Under : Energy - Mining Stock - Trade & Market
The UK’s blue chip index was fluctuating around the opening level today as energy and financial sector were mixed, while miners were strong, helped by increases in metals prices. The market failed to get much of a boost from the Markit Purchasing Managers’ Index, which rose at the strongest pace in two years in September, improving to 55.3 from 54.1, which was also higher than the expected 54.4. The FTSE 100 finished about 20 points higher, getting buoyed by an early rise on Wall Street, where the Dow Jones industrial average tacked on 0.7% shortly after trading commenced.