Rio Tinto; (+1.23%) Antofagasta (+1.50%), Anglo American (+1.36%).
Glencore; (+9.56%) Bernstein keep their target price of 450p on the stock while Citi believe that should this demise continue that there will be a management buyout. Little more than a dead cat bounce for the time being.
Wolseley; (-12.15%) despite the company announcing a £300m share buyback and an 18.3 per cent rise in full year revenues investors are more focussed on the cautious outlook. This has essentially erased the YTD gains for the firm.
Risk on sentiment returned and traders were once again in the mood for buying overnight. As the Lira moved higher, Wall Street rebounded snapping a four-day losing streak on the Dow. Whilst the markets have regained their cool towards Turkey
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