FTSE 100 movers: Financials negate mining gains

Mining companies remain the best performers in the Footsie but they can't totally offset the decline in financials. Strong demand for metals plus news that BHP Billiton has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts has boosted the whole sector. This covers the majority of BHP Billiton's iron ore sales volume.Xstrata, Vedanta, Antofagasta, Anglo American and Fresnillo are all higher because the market perceives that shorter-term contracts will be beneficial to miners. The OFT has fined the Royal Bank of Scotland £28.6m for possible price-fixing after Barclays confessed to the watchdog what had been going on. Barclays is in the clear under the OFT rule of not punishing informers. RBS, Barclays and Lloyds Banking are all in the redFTSE 100 - RisersAmec (AMEC) 790.50p +3.20%Anglo American (AAL) 2,870.50p +1.34%Legal & General Group (LGEN) 88.15p +1.26%Vedanta Resources (VED) 2,770.00p +1.24%Xstrata (XTA) 1,246.00p +1.18%Kazakhmys (KAZ) 1,567.00p +1.16%Fresnillo (FRES) 843.50p +1.02%Antofagasta (ANTO) 1,041.00p +0.97%Vodafone Group (VOD) 152.50p +0.89%Schroders (SDR) 1,412.00p +0.86%FTSE 100 - FallersInmarsat (ISAT) 760.00p -4.70%Investec (INVP) 541.00p -3.74%Royal Bank of Scotland Group (RBS) 43.19p -3.55%Lloyds Banking Group (LLOY) 61.46p -2.83%Barclays (BARC) 357.30p -2.60%Standard Life (SL.) 203.50p -2.44%British Airways (BAY) 245.60p -2.15%Whitbread (WTB) 1,477.00p -2.06%Petrofac Ltd (PFC) 1,232.00p -1.99%Rolls-Royce Group (RR.) 592.00p -1.91%