Monday, Aug 20, 2012

0733 GMT [Dow Jones] FTSE 100 is down 0.1% at 5845.03 with miners leading the falls. There's renewed caution about slow Chinese demand for metals and further US easing now seems less likely following recent upbeat economic data. Eurasian Natural Resources is the biggest faller, down 1.8%. There is some interest amongst mid caps this morning. Bovis Homes is up 2.4% following well-received 1H results. Lonmin sinks 5.7% after it continues to struggle to get workers back to its mines following recent clashes with police. In addition, Deutsche Bank downgrades the stock to sell from hold. Chemring falls 6.7%, after rising over 30% on Friday following news of early interest from The Carlyle Group. (andrea.tryphonides@dowjones.com Twitter: @ATryphonides)

 

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(END) Dow Jones Newswires

August 20, 2012 03:33 ET (07:33 GMT)