Previous  of  Companies Next FTSE 100 Vedanta Resources GlaxoSmithKline The benchmark index edged up around 14 points to 5658 just after 12.30 as investors raided miners following their recent rebound. Fresnillo slipped 1.3pc, Vedanta Resources fell 0.97pc and Eurasian lost 0.7pc. In the doldrums too were banks as investors took a breather following a strong run of gains in the sector. Royal Bank of Scotland, slipped1.6pc, Lloyds Banking Group fell 1.2pc and HSBC dropped 1pc in morning trading.   Related Articles FTSE 100 lifted by oil price, Asian gains Mining shares fall as fears mount over effect of swine flu on global trade Questor: Bank your 80pc Fresnillo profit Barclays help lift FTSE 100 Talk of rights issue and dividend cut at BT Following yesterday’s highs, investors were turning back towards defensives this morning with pharmaceuticals on the up. Leading the charge was GlaxoSmithKline which ticked up 2.8pc after Novartis handed back US rights to a drug widely believed to be a generic version of GSK’s lung blockbuster, Advair.[Read more...]