Miners Prosper as FTSE 100 Makes Steady Progress
The FTSE 100 index recouped some of Friday's losses, closing up 15.40 points at 9,442.87, a 0.2% increase. Gold miners Fresnillo and Endeavour Mining saw significant gains, leaping 9.1% and 11% respectively.
The increase in the FTSE 100 was accompanied by a rise in the FTSE 250, which ended 262.48 points higher at 22,064.32, a 1.2% increase, and the AIM All-Share, which rose 6.14 points to 792.47, a 0.8% increase.
In European equities, the CAC 40 in Paris closed up 0.2%, while the DAX 40 in Frankfurt ended up 0.6%. The gains came as President Donald Trump toned down his rhetoric in the US-China trade spat, leading to a surge in gold prices.
Author's summary: Miners lead FTSE 100 gains amid trade tensions ease.