- FTSE indices ended mixed after Bank of England stayed its benchmark interest rate at 0.5% and held QE at £375bn. The top-100 ladder limped higher on a posse of miners, supermarkets and leisure stocks, which just outmuscled an equally diverse group of fallers.

FTSE 100 closed up 38.47 points, or 0.61%, to 6374.82. FTSE 250 was down 27.41, or 0.16%, to 17,003.8, a jot above the psychological level of 17,000. At 4.41pm, gold and copper were at $1143/oz and $233/lb. Crude was up 1.7% or more. Wall St was mixed and Europe mildly ahead.

Fresnillo (FRES), up 4.22% to 704.5p, and BHP Billiton (BLT), up 3.34% to 1145p, guided several metals burrowers higher. Tesco (TSCO), up 2.41% to 201.75p, led a few supermarkets up, and TUI AG (TUI), rising 2.22% to 1241p, piloted leisure stocks north.

Also rising were retailers after Burberry (BRBY), up 2.54% to 1492p, and commercial property in the wake of Land Securities (LAND), up 1.66% to 1283p. Utilities figured on the winners' ladder, as did a string of pharmas. Oil majors were up, albeit off the pace.

Overall less than 25 blue chips lost traction. Prominent among them, again, were miners, supermarkets, insurers and pharmas. Inmarsat (ISAT) shed 3.74% to 939.5p, while somewhat volatile Glencore (GLEN) lost 2.7% to 120.675p. Several house builders, insurers and banks also softened.


South African Property Opportunities (SAPO) dived 28.23% to 12.38p on its ex-dividend date. The company is preparing to hand 5p a share dividend to investors, or a 40.6% yield. Tandem Group (TND), up 8.96% to 182.5p, said completion accounts for the acquisition of E.S.C. (Europe) Ltd have been finalised.

Kromek (KMK), up 19.67% to 36.5p, said the US Defense Advanced Research Projects Agency (DARPA) intends to award a sole source contract to it for the supply of spectroscopic personal radiation detectors in support of DARPA's SIGMA programme.

Tablet Television LLC, the JV between Motive Television (MTV), up 15.15% to 0.1p, and Granite Broadcasting Corporation, is launching TabletTV Plus mid-Q4 in the US.


Stateside, initial jobless claims fell to 263,000 in the week ended Oct. 3, down 13,000 from the previous week, US Department of Labor said. The previous week's figure was revised down 1000 to 276,000. The market is looking to the FOMC meeting minutes tonight.

Back in Blighty, BoE's Monetary Policy Committee voted 8-1 in favour of holding the benchmark interest rate at 0.5%. The committee voted unanimously to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375bn.

UK house-price growth slowed in September, data from Royal Institution of Chartered Surveyors showed. Its monthly house-price balance fell to +44, from +53 in August. Forecasts were for +56.


City of London Investment Group (CLIG) fell 7.36% to 330.25p as it revealed volatility in emerging markets caused its assets under management (AuM) to tumble 14.3% in the last three months. AuM now stands at $3.6bn.

Atlantic Coal (ATC) rose 7.14% to 0.15p after reporting a 26% rise in turnover so far this calendar year. It said coal prices would go up from Oct. 12 by $10 a ton and that it was increasing efficiencies in production and transport.

Hays (HAS) lost 7.32% to 136.7p as emerging markets currency losses trimmed 5% off like-for-like net fee income growth, resulting in a paltry 3% gain, Q1 results showed.

Tullow Oil (TLW), down 1.49% to 245.8p, has reached agreement with the Government of Gabon over its licences in the Onal Complex Fields. It has regained its 7.5% stake, been granted licence extensions to 2034 and gained access to two small oil discoveries in the Ezanga block.

Ladbrokes (LAD) gained 3.96% to 107.6p after appointing Kristof Fahy as chief marketing officer to lead its brand and marketing activity across digital and retail. Fahy joins from Telegraph Media Group and previously worked at William Hill (WMH).

Tate & Lyle (TATE), down 1.81% to 569p, said its H1 trading performance was in line with its expectations and that guidance for the FY remains unchanged.

Other stocks in the news included Compagnie de Saint-Gobain (COD), DFS Furniture (DFS), Victrex (VCT), Flybe (FLYB), Produce Investments (PIL), Galliford Try (GFRD), Target Healthcare REIT (THRL), Dart (DTG), Dunelm (DNLM), Asiamet Resources (ARS), Telit (TCM), Empiric Student Property (ESP), Cambridge Cognition (COG), 1Spatial (SPA), Frontera Resources (FRR), fastjet (FJET), Idox (IDOX) and International Mining & Infrastructure (IMIC).

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