FTSE recovers on record metals prices
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London equities rose in opening trade on Tuesday, with mining stocks boosted by record prices for gold and platinum.
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Gold and platinum hit record highs for a third straight day on Tuesday and silver rallied to its highest in 27 years on Tuesday, on supply worries and expectations of more U.S. interest rate cuts.
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London equities were little changed on Friday, with sustained strength in the mining sector helping to balance out profit-taking from oil stocks after their strong run.
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Metals groups led European shares to  within striking distance of 30-month highs Monday as bellwether  metal copper rallied on good Chinese demand.
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UK blue chips closed higher Thursday, reversing earlier losses, with higher commodity prices aiding the oil and mining sectors and investors encouraged by steady gains on Wall Street.
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Platinum prices hit record levels on rumours a new market indexed to the precious white metal will open.
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Marks &amp; Spencer today set the price for its record share buyback above market expectations, at 362p per share. The retailer said demand for the Â£2.
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London equities made strong gains in opening trade on Tuesday, lifted by improving sentiment in the banking sector and a strong showing for resource stocks.
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Gold hit a 28-year high on Friday as the dollar's continued slide to record lows versus the euro raised the metal's appeal to speculative investors.
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London equities started to recover on Thursday as investors looked for bargains after two days of selling. Strong earnings news from Reuters and British American Tobacco also helped lift the gloom.
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The share price of Standard Life has risen following flotation of its stock on the British stock market.
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Gold hit a 28-year high in Europe on Friday as the dollar's continued slide to record lows versus the euro raised the metal's appeal to speculative investors.
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Copper prices may recover this week from the biggest five-day drop since July 1999 as demand keeps growing in China, the world&#39;s largest user of the metal, a survey of traders and analysts showed.
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Shares in Africa's biggest steel producer surge to a record high on the back of strong interim profits
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London stock markets moved higher on Friday, shrugging off Wall Street losses thanks to strength in mining groups and pharmaceuticals.
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The FTSE opened higher on Friday as buyers returned to the market seeking bargains after Thursday's 150-point fall.
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Leading shares closed sharply up, as Wall Street soared after the week&#39;s economic reading indicated inflation remained tepid last month, with UK miners powering ahead after base metals came off lows on the CPI data.