Morning Markets: FTSE down as miners fall back

Shares fell in London this morning with miners losing ground after high metal prices increased their value earlier this week.

The FTSE100 fell 33.26 points (0.63%) to 5,219.89, with mining companies and financial shares among the biggest losers. Eurasian Natural Resources, Antofagasta and Xstrata all lost ground after making impressive gains earlier this week on the back of high metal prices. Eurasian fell 4.35%, Antofagasta dipped 4.16% and Xstrata shares lost 3.14%. Man Group shares dropped 3.46% to 228.9p, while Lloyds Banking Group lost 3.09% after rising yesterday on the back of Merrill Lynch's upbeat forecast for the UK banking sector. Vodafone was the biggest gainer, up 4.76% to 140.9p after repor...