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Peter Hambro Mining adds 6.48 percent as sector declines

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by Elaine Frei
Peter Hambro Mining adds 6.48 percent as sector declines

Equities markets in Europe were lower Thursday as most miners showed declines and banks were mixed at best.

The FTSE 100 was 0.43 percent lower to 4,869.35 in London, while the FTSE 250 dropped 0.93 percent to 8,701.33.

Miners were mixed, with most seeing declines.

The few gainers in the sector were led by gold miner Peter Hambro Mining (LSE: POG), which added 6.48 percent, while the worst performance in the sector came from Aquarius Platinum (LSE: AQP) with a decline of 7.47 percent.

The FTSE Eurofirst 300 was down 0.53 percent to 968.75 while the IBEX fell 0.17 percent to 11,356.9, the CAC-40 was 0.54 percent lower to 3,648.53 and the Dax dropped 0.94 percent to 5,470.33.

Most markets were lower in the Asia-Pacific region as well, although India’s Sensex was 0.07 percent higher to 15,781.07 and the Straits Times Index added 0.53 percent to 2,642.23.

In Tokyo, the Nikkei 225 was down 1.56 percent to 10,473.97 while the Topix index fell 1.16 percent to 964.23 and the Mothers market dropped 0.71 percent to 456.52.

In Australia, the S&P/ASX200 was down 0.08 percent to 4,450.8 and the Sydney Ordinaries dropped 0.14 percent to 4,458.1.

The Taiex was down 0.42 percent to 6,690.75 while the Shanghai Composite fell 0.71 percent to 2,946.4, the Kospi was 0.92 percent lower to 1,599.33 and the Hang Seng dropped 1.04 percent to 20,242.75.

In early afternoon trade in New York, the Dow Jones Industrial Average had added 0.02 percent to 9,545.79 but the Nasdaq Composite was down 0.74 percent to 2,009.46 and the S&P 500 had dropped 0.34 percent to 1,024.59.

Crude oil prices rose near the close of floor trade in New York, while metals and grains prices were both mixed on the session.

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News posted: August 27, 2009

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