Financial Times FT.com

London rallies as banks bounce back

By Neil Hume

Published: November 12 2007 08:54 | Last updated: November 12 2007 20:05

Vedanta Resources was among the biggest fallers in a weak mining sector in the London market on Monday.

Shares in the Indian-based mining company fell 5.9 per cent to £19.36 after Citigroup cut its 2008 earnings per share forecast by 17 per cent, citing the weak zinc price.

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