Daily Express - - CITY & BUSINESS -

CON­CERNS over a slow­down in Chi­nese de­mand for com­modi­ties dragged min­ing shares lower.

Rio Tinto and Anglo Amer­i­can fell 107p to 3592p and 42p to 1455p, while Antofa­gasta and BHP Bil­li­ton weak­ened 25½p to 949p and 35½p to 1387½p.

Record an­nual rev­enue of £661 mil­lion and an im­prove­ment in sec­ond half mar­gins lifted re­tire­ment builder McCarthy & Stone 9¾p to 157p. A solid trad­ing up­date boosted

Bo­vis Homes 30p to 1135p. Aero­space and de­fence com­po­nents sup­plier Meg­gitt flew 9p higher to 481¾p as it stayed on track to hit an­nual fore­casts and said chief ex­ec­u­tive Stephen Young would re­tire next April af­ter five years. Tools and equip­ment hire firm

Speedy Hire gained 2¼p to 56½p af­ter half-year ad­justed pre-tax profit jumped 58.8 per cent to £10.8mil­lion, while a part­ner­ship with China’s big­gest wind tur­bine prod­ucts maker Ti­tan Wind En­ergy pow­ered bat­tery tech­nol­ogy firm

Ilika 3p higher to 24p. Sports nu­tri­tion firm Sci­ence in

Sport was 5¾p health­ier at 77¼p af­ter a £15 mil­lion fundrais­ing.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.