StockMarketWire.com - The FTSE 100 made gains despite weakness in the mining sector as risk appetite retreated.

Glencore (GLEN) slipped 1.6% to 364.9p and Anglo American (AAL) retreated 1.1% to £17.32. Rio Tinto (RIO) followed its peers lower, down 0.5% at £41.91.

The blue-chip index rose 0.2% to 7,646.

Brent crude oil was stable at $75.77 per barrel. Copper cheapened 0.7% to $3.03 per pound and gold retreated 0.1% to $1,297 per ounce.

OVERSEAS MARKETS

Wall Street closed lower overnight as the market was concerned about political turmoil in Italy and renewed trade tensions between the US and China.

The Dow Jones experienced the biggest losses, falling 1.6% to 24,361.

MID AND LARGE CAP RISERS AND FALLERS

Royal Bank of Scotland (RBS) announced its chief financial officer Ewen Stevenson has resigned to take up an opportunity elsewhere. Shares in the banking group fell 1.4% to 276.1p.

Shares in heat treatments supplier Bodycote (BOY) rose 8.4% to £10.03 on the news that headline operating profit is expected to beat market expectations.

Pharma giant AstraZeneca (AZN) revealed its Terranova Phase III trial for chronic obstructive pulmonary disease failed to meet its primary endpoint. The stock nudged 0.6% higher to £54.34.

Discount retailer B&M European Value (BME) reported a 25% rise in annual profit, but its shares struggled to gain momentum as investors worried the company might struggle in the challenging retail sector.

Photobooth owner Photo-Me (PHTM) crashed 23.2% to 116.3p on a profit warning as the company performed poorly in Japan due to intense competition.

SMALL CAP RISERS AND FALLERS

Digital media group Falcon Media House (FAL) plummeted 51.8% to 1.3p on its decision to apply to the Financial Conduct Authority to seek a delisting from the Main Market.

Investors focused on a 75% rise in reported operating profit and retained dividend at bank note manufacturer De La Rue (DLAR), lifting the shares 2% to 513p.

Shares in Derriston Capital (DERR) were suspended after agreeing terms to acquire S4 Capital and appointing ex-WPP (WPP) boss Sir Martin Sorrell as executive chairman.


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