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Markets: 6th January


Markets: 6th January


European shares finished slightly ahead, at their best levels in 15 months, as data suggested economic recovery is continuing, albeit not dramatically.

The latest figures from the United States showed fewer jobs being lost, and some growth in the services sector.

Mining companies rose, tracking metals prices as the cost of copper hit 16-month highs.

A weaker dollar also helped to boost prices.

Anglo American, Antofagasta, Lonmin, Rio Tinto, Vedanta and Xstrata all gained.

Banks and drugmakers also gained, but food producer slipped, including Cadbury after Kraft said just 1.5 percent of Cadbury’s shareholders had accepted its takeover offer.

Most are expected to wait to see if Kraft raises its bid.

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