India, Jan. 9 -- The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail sector are reeling under selling pressure, despite several big name retailers reporting a surge in sales. A weak pound is contributing significantly to market's upmove.
The benchmark FTSE 100 was up 53.70 points or 0.65% at 8,304.73 a little while ago.
Antofagasta and Anglo American Plc are climbing 4.7% and 4.3%, respectively. Fresnillo is up 4% and Rio Tinto is gaining 2.5%. Endeavour Minig is advancing 2.3%, while Glencore is up nearly 1.5%.
DS Smith, Melrose Industries, Compass, Shell, Intercontinental Hotels, Airtel Africa, Severn Trent, Intertek, ICP, Unilever, BT, Weir Holdings, Smith & N...