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(EMAILWIRE.COM, July 01, 2013 ) San Francisco, CA -- The FTSE 100 bucked expectations with a mild gain early as the market followed a rout of mining stocks after jitters flowed thanks to China's economy.
Shortly following the market opening, FTSE 100 was up 0.56%, simultaneously the FTSE 250 was up over a third of a percentage to 13,323.6. FTSE SmallCap was down a minimal 0.01% and sat at 3,736.2.
Mining stocks attempted to make some form of recouping after taking a beating in the previous day's totals. Kazakhmys jumped 4.34% while Lonmin saw a 2.81% increase. Vedanta was up nearly as much with a 2.44% gain and Fresnillo saw a 2.14% jump.
Blue-chip risers included Arm Holdings, Aviva, Weir Group, 3I Group and Man. Each found increases between 1.85% and 3.3% respectively.
The Exillon Energy company led the FTSE 250 with a 3.84% rise that had them finish the day at 131.88p, while Ferrexpo experienced a 3.53% gain to 139.45p.
The US Dow fell on the same day, a 139 point drop to 14,660 was the country's outcome. The Nasdaq lost 36 point to close at 3,321, while the S&P 500 shed 19 points to finish at a 1,573.
A consortium that includes the Kier group as part of a three-way construction venture, known as Merseylink, has announced preferred bidding for the Mersey Gateway move. Shares in Kier saw a boost from the news, up 0.22% to 1,1465p.
Kellan group confirmed that it receive two interested parties for a possible future transaction regarding funds of the company's business. The news bolstered the stock 0.57% to 0.88p.
Meanwhile, Optimal payments agreed to provide Bally Technologies with payments and services to Bally and online gaming customers of the company. Shares rose after release of the news 1.09% to 162.75p.
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Source: EmailWire.com
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