1050 GMT - Mining stocks were among the FTSE 100's biggest fallers in midday trade. Investors are concerned about reduced demand for commodities after the OECD downgraded its forecast for global economic growth, investment director at AJ Bell Russ Mould writes. The group now expects 2.9% growth for 2025, down from a previous forecast of 3.1%, he adds. Anglo American trades down 3.1% while Chilean copper miner Antofagasta falls 2.2%. Rio Tinto's London-listed shares move 1.9% lower while Glencore's fall 1.7%.(adam.whittaker@wsj.com)
(END) Dow Jones Newswires
June 03, 2025 06:51 ET (10:51 GMT)
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