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    September 13, 2007

    Miners, telecoms higher in London

    Filed under: Companies, Northern Rock, Anglo American, British Land, BHP Billiton, Lonmin, Alliance & Leicester, BT Group, Cable and Wireless, Shire, JJB Sports, Petrofac, Bluebay, Ashmore, Keller Group, STHREE

    London’s equities markets were mixed Thursday.

    While the FTSE 100 added 0.91 percent to 6,363.9, the FTSE 250 was down 0.42 percent to 11,172.4.

    The biggest gainers on the session on the 100 were in the mining and telecommunications sectors.

    Among miners BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) was 2.61 percent higher to £14.94 and Anglo American (LSE: AAL) gained 3.27 percent to €29.08, while Lonmin (LSE: LMI) added 3.66 percent to £34.26.

    The mining gains came on higher base metals prices.

    In the telecommunications sector, BT Group (LSE: BT.A; NYSE: BT) was up 2.9 percent to 319p, while Cable and Wireless (LSE: CW) was the best performer on the 100 with a gain of 4.5 percent to 174.3p.

    The biggest winner on the 250 was in the financial services sector, where Ashmore (LSE: ASHM) added 6.48 percent to 263p.

    Elsewhere in the sector, Bluebay (LSE: BBAY) was 2.98 percent higher to 380p.

    Also gaining on the 250 were construction engineers Keller Group (LSE: KLR), up 3.92 percent to £10.88.

    In the oil sector oil, gas and coal services group Petrofac (LSE: PFC) added 3.47 percent to 462p.

    The worst performance on the 100 came from the banking sector, where Northern Rock (LSE: NRK) dropped 4.91 percent to 639p.

    Still among banks, Alliance & Leicester (LSE: AL) was down 2.7 percent to 937.5p.

    Property developer British Land (LSE: BLND) fell 1.88 percent to £12, while in the pharmaceuticals sector Shire was 2.5 percent lower to £12.46.

    Sports retailer JJB Sports (LSE: JJB) dropped 4.37 percent to 164p, while human resources group STHREE (LSE: STHR) fell 5.34 percent to 323.5p.





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