10-08-2015 17:54 via news.yahoo.com

Britain's FTSE bounces off lows after mining sector turnaround

Britain's top share index recouped early losses on Monday, following a sharp reversal in major mining stocks, which turned higher on hopes of stimulus after weak data in China. The blue-chip FTSE 100 index was up 17.73 points, or 0.3 percent, at 6,736.22 points by the close, turning higher after gains in early trade on Wall Street. Miners, which account for around a 10th of the FTSE 100 in terms of market capitalisation, recouped early losses to finish among top gainers.
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