Financial Times FT.com

ENRC's meteoric ascent checked by broker downgrade

By Robert Orr and Neil Hume

Published: April 25 2008 03:00 | Last updated: April 25 2008 03:00

The runaway gainer on the FTSE 100 this year, Eurasian Natural Resources Corporation , led the blue chip index lower yesterday.

The Kazakh miner has been a phenomenal performer since its float late last year, rising more than 160 per cent in four months to touch another record high earlier this week.

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