The FTSE is up 15 points at 5792 this morning following a positive close on Friday

The FTSE is up 15 points at 5792 this morning, following a positive close on Friday. The mining sector provided strength in the last session […]


Fiona Cincotta
By :  ,  Senior Market Analyst

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  • The FTSE is up 15 points at 5792 this morning, following a positive close on Friday.
  • The mining sector provided strength in the last session of the first quarter.
  • On Sunday, China’s manufacturing data beat expectations; the purchasing managers index jumped to a 11-month high – translated to strong copper prices this morning and pushing miners to the top of the leader board. Rio Tinto, Fresnillo and Kazakhmys are up by 2%.
  • At the other end, the banking is sector down. RBS has bucked the negative trend considering dividends for preference shareholders. There is little domestic data pre-Easter so the focus will be on monetary policy decisions by the BoE and ECB on Thursday. Across the Atlantic, manufacturing and construction data will be announced at 3pm GMT.

See the City Index Economic Calendar and Companies Reporting Dates page for latest economic news and company events that are likely to impact the markets today.

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