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LSE Volume: 4,708 M
Avg Vol: 3,898 M +21%
Unchanged 627

FTSE ends higher thanks to miners, supermarkets

FTSE indices closed on the front foot with the mid-cap index retaining gains above the psychological 17,000 level. Wall St was mildly ahead, as were key European stocks ladders. Resources provided cue, along with financials, supermarkets and pharmas.

Glencore to cut zinc output

Glencore is cutting zinc metal mine production across its operations in Australia, South America and Kazakhstan by 500,000 tonnes.

Argo's deal

Argo Group said certain funds it manages have agreed he sale of a significant investment they hold in Indonesia. Conditions were now met and its funds have received a part of the sale consideration with the balance due over the next two weeks.

ADGO warns

Adgorithms expects FY earnings to be materially below market forecasts. It said the online advertising market has experienced severe disruption in recent weeks, resulting in a loss of supply for major online advertising exchanges and a drop in demand from major media buyers.

SEA baffled

SeaEnergy has noted the recent movement in its share price and confirmed that it is not aware of any reason that would lead to such a movement.