Business UK

FTSE 100 dips as mining shares proceed to fall

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(Open): The UK’s benchmark share index opened decrease as shares in mining firms continued to slip.

In early commerce, the FTSE 100 was 5.51 factors decrease at 6,815.28. Anglo American shares fell 2.1% whereas BHP Billiton dropped 1.9%.

Mining shares have been hit as costs of commodities have come underneath strain from a current strengthening within the worth of the US greenback.

Morrisons fell 2.four% after Goldman Sachs cuts its ranking on the agency to “promote”.

Banking shares have been having a greater day, with HSBC up 1.four% and Barclays rising zero.5%.

On the foreign money markets, the pound fell zero.2% against the dollar to $1.3103 however rose zero.2% against the euro to €1.1757.