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FTSE 100 held back by sterling strength with trading set to resume in the US

FTSE slips back a little after dull start on Wall Street

16 February 2021 | 08:50am StockMarketWire.com - UK stocks opened higher on Tuesday as investors grow increasingly confident that US lawmakers will push through a large stimulus package, while big miners released some positive dividend news. At 0836, the benchmark FTSE 100 index was up 16.42 points, or 0.3%, at 6,772.53. BHP eased back 0.2% to $22.2448 even as it reported a 13% rise in first-half pre-tax profit to $8.83 billion, as revenue was boosted by higher iron ore and copper prices. The world's biggest mining company hiked its interim dividend 55% to 101p per share. Its bottom line prof...

16 February 2021 | 07:32am StockMarketWire.com - Mining giant Glencore confirmed that it would resume dividend payments in 2021 after reporting annual core earnings were flat year-on-year on low commodity prices and impact of the pandemic. For the year ended 31 December, adjusted earnings before interest taxes, depreciation and amortisation, or EBITDA, fell to $11.56 billion from $11.6 billion as revenue fell 34% to $142.34 billion. The company reported a wider net loss attributable to equity holders of $1.9 billion, compared with a loss of $404 million in 2019. 'The H1 2020 reported...

Glencore to sell 73% stake in Mopani to ZCCM in $1.5bn transaction