Mining stocks buoy FTSE

A huge surge for mining stocks lifted the FTSE 100 Index more than 2% higher today as investors put recent recovery doubts firmly to one side.

Mining stocks buoy FTSE
Tue, 06 Oct, 2009 - 20:13

A huge surge for mining stocks lifted the FTSE 100 Index more than 2% higher today as investors put recent recovery doubts firmly to one side.

The dollar’s weakness pushed up metal and oil prices – with gold reaching a record high – helping the blue-chip index 113.7 points higher to 5138, a gain of 2.3%.

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