The Courier & Advertiser (Angus and Dundee)
Mining stocks boost FTSE
London’s top flight index edged into positive territory after mining stocks surged on the back of strengthening commodity prices.
The mining giants dominated the biggest risers thanks to a lift in the copper price, triggered by the weak dollar and data revealing China’s strong copper imports in May.
The FTSE 100 Index was 16.99 points higher at 6,301.52 as the price of Brent crude rose for the third day in a row, boosting Royal Dutch Shell by 43.5p to 1,808p and BP by 3.3p to close at 376.6p.