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Blue-chip stocks are cautiously on the front foot, led by miners, following on from a softer Asian session and a lower Wall St on Friday," says AJ Bell Investment Director Russ Mould.
"Sterling remains weak against both the dollar and euro as concerns about a so-called 'hard Brexit' continue to weigh on investor sentiment," he says.
“Randgold Resources was ahead 1.7%, alongside other miners, as it expressed disappointed that the Malian government has escalated their long-running tax dispute to the extent of closing the group's offices in the country's capital Bamako.
“InnovaDerma was up triple digits in percentage terms after saying it expects FY revenue and profits will be significantly higher than the previous year, driven by underlying organic growth and the contribution of the Skinny Tan business.
“Petards also enjoyed an uptick, rising almost 20% on news it has won a contract to supply Great Western Railway with its eyeTrain systems.”
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