Mining Stocks Shine Despite FTSE Dip Amid Tariff Concerns

Britain's FTSE 100 index saw a slight decline of 0.1%, with mining stocks offering some stability in light of losses across the board. Industrial metal miners firmed on rising copper prices, while pharmaceuticals saw downturns. Upcoming U.S. tariffs and UK economic data keep investors cautious.

On Monday, Britain's FTSE 100 index experienced a modest dip of 0.1%, with the FTSE 250 remaining steady. Significant losses in pharmaceuticals and biotech, particularly AstraZeneca, offset gains in the mining sector.

Prices for industrial metals surged, helping miners like Anglo American and Rio Tinto rise as U.S. tariff threats loomed. Meanwhile, Vodafone's shares dropped after BofA Global Research's downgraded its rating.

Attention turns to crucial economic updates, with UK inflation figures and the Federal Reserve's inflation preference on the horizon. Meanwhile, UK's services sector showed improved performance, signaling resilience to Finance Minister Rachel Reeves.

(With inputs from agencies.)