Financial Times FT.com

Miners lead record weekly gain for Footsie

By Bryce Elder

Published: October 31 2008 08:34 | Last updated: October 31 2008 19:49

Miners underpinned a market rebound on Friday as the FTSE 100 index recorded its sharpest weekly gain ever.

Commodity stocks moved in the opposite direction to metals prices as investors and analysts argued that the sector looked oversold.

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