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Friday 27 November 2015 8:31 am

FTSE 100 opens down as miners retreat

By: James Nickerson

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The FTSE 100 opened down today, led lower by miners who yesterday made gains. 

The UK's top blue-chip index opened 0.59 per cent down, at 6,355 points, led lower by Anglo American and Glencore.

Miners, other than BHP Billiton, yesterday led the index higher, but have today been largely falling. Anglo American opened 3.37 per cent down at 420.63p per share, while Glencore's share price fell 2.25 per cent to 93.58 per cent.

Read more: FTSE 100 enjoys best back-to-back gains since October

BHP Billiton, which yesterday made losses after the UN also found malpractice was the cause of the fatal dam collapse in Brazil, retracted further, falling 1.36 per cent to 822.05p per share. 

Meanwhile, Rio Tinto fell 1.59 per cent to 2,236p per share and Fresnillo's share price fell 1.4 per cent to 739p.

On a subdued opening, there were just four companies that saw their share price rise – Ashtead Group, Severn, Inmarsat and Relx.

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