FTSE 100 Winning Streak Erases Most of August Rout; Miners Jumpby
Britain’s shares clawed back most of the slump suffered by global equities over the summer, as miners extended a rally after posting longest streak of gains since 2003.
The FTSE 350 Mining Index added 3.1 percent at 8:52 a.m. in London, rising for a 9th day. Glencore Plc, Anglo American Plc and BHP Billiton Ltd. rose at least 2.8 percent each. They lifted the FTSE 100 Index 0.4 percent higher. The benchmark jumped 7.9 percent in the past six days, the most since 2011. The broader FTSE All-Share Index climbed 0.5 percent, and Ireland’s ISEQ Index rose 0.6 percent.