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November 30, 2008
It would be rude, though, to upset the party with too much negativity, so let’s start off with the FTSE 100 miners which were strongly up, with the notable exception of Rio Tinto (LSE:RIO). The best performance was a quite extraordinary 49 per cent rise from BHP Billiton (LSE:BLT), which in the process added nearly £22 billion to its market capitalisation. However, around 10 per cent of BHP Billiton’s rise came immediately after it announced the end of its attempt to take over Rio Tinto, so the...
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