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Mining sector drags British FTSE 100 on Tuesday

Xinhua, September 23, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Tuesday decreased by 2.83 percent, or 172.87 points, to 5,935.84 points.

Mining shares slumped to push the London stocks index lower on Tuesday, as commodity prices fell.

The base metals prices on the London Metal Exchange (LME) closed lower on Tuesday, as the U.S. weaker-than-expected home sales data.

Besides, British manufacturing output growth stalled in September for the first time in two and a half years, according to the latest Monthly Industrial Trends Survey from the Confederation of British Industry.

London Stock Exchange Group's share price increased by 1.22 percent, topped the gainers of the blue chips. Smith & Nephew increased by 0.17 percent.

Glencore led the top losers of the blue chips with a share price drop of 9.92 percent, followed by Johnson Matthey (8.41 percent), Antofagasta (6.63 percent), Anglo American (6.25 percent) and GKN (5.77 percent). Endit