The mining sector boosted the FTSE after copper prices hit a new all-time high above $11,140 per tonne, driven by global supply disruptions, including production issues at Freeport-McMoRan’s Grasberg mine in Indonesia and reduced output guidance from Anglo American.
Shares of rose 5.9% to £372.20, Fresnillo gained 2.9% to £2,212, and Anglo American climbed nearly 1.94% to £2,947, while Endeavour Mining gained 2.09% to £3,128.
Among the losers, Diploma fell 1.69%, leading the declines, followed by Ashtead Group, down 1.13%. InterContinental Hotels Group slipped 0.85%, while London Stock Exchange Group edged 0.56% lower, reflecting mild profit-taking.
