miners

Miners drag down index

Blue-chip index fell below 6,000 for first time since 2013

Tilney Bestinvest's Seager-Scott discusses the trend

Blue chips fall to lowest point since January

Mining sector suffers further falls

Mining stocks are dragging down the FTSE 100 index after weak trade figures in China have reignited worries about a slowdown in its economic growth.

Miners and financial are dragging down the FTSE 100 index this morning, with HSBC among the biggest fallers following the news of further cost-cutting at the bank.

Simon Brazier has completed his overhaul of the £164m Investec UK Alpha fund, trimming positions in "expensive" cyclical stocks in favour of more globally diversified companies.

The FTSE 100 has broken through its previous peak to set a new record high as it nears the 7,000 mark.

Mining stocks weighed on the FTSE 100 index on Thursday, as the latest economic data pointed to a slowdown in China and the eurozone.