Shares in mining giant drop 11%
Many companies at risk of dividend cuts
Several brokers down 10%
Some stocks set to benefit
The FTSE 100 index climbed sharply on Tuesday, boosted by defence stocks and a 9% rise in engineering firm Smiths Group.
The FTSE 100 opened down 0.5% this morning, in the first trading session since the terrorist attacks in Paris on Friday night.
Company forecasts £650m 'headwinds' in 2016
The growing influx of overseas investors into the London stockmarket is providing opportunities for UK multi-cap managers to find overlooked 'valuation anomalies' further down the market-cap spectrum.
With concerns surrounding global growth, Peter Hewitt, manager of the F&C Managed Portfolio Income trust, highlights the trusts set to benefit from the UK being the fastest-growing G7 economy.