LONDON, Jan 7 (Reuters) - UK mining and energy sharesindexes slumped to their lowest level in more than 11 years onThursday, with a sharp decline in prices of major industrialmetals and crude oil on China-related concerns promotinginvestors to dump shares.
China, a major consumer of commodities in the world, let theyuan slip, sending regional currencies and stock marketstumbling. The offshore yuan fell to a fresh record lowsince trading started in 2010, while local stock markets weresuspended less than half an hour after opening, the secondemergency suspension this week.
The FTSE 350 Mining and Oil and Gas index fell more than 5 percent to their lowestlevel in more than 11 years, tracking a 1.1-3.5 percent fall inprices of commodities such as copper, aluminium and crude oil.
Shares in Anglo American, Glencore, BHPBilliton, BG Group and Royal Dutch Shell fell 5.6 to 9.7 percent.
The commodity-heavy FTSE 100 index of Britain'sblue-chip companies hit a three-week low and was down 2.9percent by 0902 GMT. (Reporting by Atul Prakash; Editing by Sudip Kar-Gupta)