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FTSE 100 takes Trump's new tariffs in its stride; miners jump but Victrix sinks - Market Report

FTSE 100 takes Trump's new tariffs in its stride; miners jump but Victrix sinks - Market Report

The FTSE 100 is trading a little higher this morning as the market takes US President Donald Trump's new tariffs on trading partners in its stride.

An hour into the session, London's blue-chip index is 9 points up at 8,816, a gain of a tenth of a percent.

Miners are prominent among the risers, with precious metals pair Endeavour and Fresnollo gaining nicely, followed by Glencore, Anglo American and Antofagasta.

It seems that reports of Rio Tinto's interest in pursuing M&A under its next CEO is adding some juice to the sector.

Bookmaker Entain is top of the early leaderboard, up 2.8%, while China-focused Prudential and Standard Chartered are also up there.

On the FTSE 250, Victrex fell sharply in early trades as the polymer producer posted a weak quarterly update and revealed that chief executive Jakob Sigurdsson is stepping down after almost eight years in the role.

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