British Airways owner IAG was one of only three risers on the FTSE 100 London’s top index notched up its worst performance since September on Friday, wiping out nearly all the gains that it had made in February. The FTSE index dropped as pressure was put on metal prices around the world, sending some of London’s biggest miners deep into the red. Glencore, Anglo American, Fresnillo and Rio Tinto all notched up share price losses of more than four per cent across the day. Alongside other losers on the stock market, it meant the index lost 168.53 points, a 2.5% drop.
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