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Market movers: Antofagasta, Glencore, Tesco, Burberry,SuperGroup, Game Digital

Last updated: 10:01 14 Jan 2015 GMT, First published: 11:01 14 Jan 2015 GMT

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Miners and oil firms dragged London’s blue-chip index lower as the global rout in commodities continued.

Growth jitters were revived by The World  Bank, which cut its forecasts for 2015 based on lower prospects for the Eurozone, Japan, Brazil and Russia.

This provided the latest knock for industrial metals and commodities in general .

Copper fell to five-and-a-half year lows which meant Antofagasta (LON:ANTO) plummeted 11% early on but recovered slightly and was down 7% at the time of writing.

Glencore (LON:GLEN) followed with a 9% share price decline while Anglo American (LON:AAL) lost 8%.

Smaller copper specialists KAZ Minerals (LON:KAZ) and  Vedanta Resources (LON:VED) also suffered early on.

Meanwhile, Brent crude fell to US$45 a barrel, sending BG (LON:BG.), Tullow Oil (LON:TLW) and BP (LON:BP.) south.

Overall the FTSE 100 was 80 points lower at 6,460. 

There were only a handful of risers on the UK share gauge.

Tesco (LON:Tesco) topped the chart after an upgrade from BNP Paribas.

Meanwhile easyJet (LON:ESZY) and British Airways owner IAG made gains on more news of cheaper jet fuel. 

Barratt Developments (LON:BDEV) climbed higher. The UK house builder is on track for improved 2015 financial results, it said, as it reported a 17% increase in forward sales.

Burberry’s share price wobbled as the luxury garment maker (LON:BRBY) posted a fashionable rise in third quarter sales, but was less certain on how profitable they were.

SuperGroup, however, made gains of 9% as the owner of clothing brand Superdry posted upbeat Christmas sales. 

If reborn video games retailer GAME Digital (LON:GMD) thought no one would notice the profits warning released after the market closed yesterday, it was wrong.

Shares were off by more than a third on Wednesday morning as the market digested Tuesday's trading update, which was released after 5.00pm.

In the AIM world, SeaEnergy’ (LON:SEA)  added 8%. The firm’s Return To Scene subsidiary has picked up its first contract in Canada. 

Low-cost airline Fastjet (LON:FJET) continued its good run of form with a 7% share price rise. 

Arian Silver (LON:AGQ TSX:AGQ) also made gains of 7%. The firm said it has started a staged commissioning of the lead-silver circuit at the new processing mill at its San Jose silver mine in Mexico.


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