UBS said that the outlook for the UK mining sector is improving with quantitative easing (QE) measures now expected. The broker said: "QE triggers a return of capital flows to emerging markets, incentivising companiesto stop running for cash and embark on a commodity bullish restocking phase. As in the past, QE is likely to drive up commodity prices and in turn mining equities." Fresnillo, Vedanta, Rio Tinto and Kazakhmys were high risers early on.
http://www.lse.co.uk/sharecast-news-article.asp?ArticleCode=20351350&ArticleHeadline=London_midday_Stocks_flat_ahead_of_another_busy_week
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