Fresnillo was a strong FTSE 100 performer, up 5.8pc, or 41.5p, to 775p as analysts at JP Morgan raised their target to 1000p from 900p, repeated an ‘overweight’ stance and made it its top pick among EMEA gold miners.
Precious metal miners shone as the price of gold hit record highs amid global trade war fears after President Trump imposed tariffs on China – who reacted in kind.
Also on AIM, Gfinity leapt 80pc, or 0.04p, to 0.1p after it signed an exclusive licence agreement with 0M Technology Solutions to commercialise its connected video AI technology, Connected IQ.
Strength from the miners helped the FTSE 100 end 0.6pc, or 52.52 points, higher at 8623.29, while the FTSE 250 closed 0.5pc, or 109.62 points, firmer at 20,762.88.
But DCC Group fell 3.6pc, or 195p, to 5300p as the sales, marketing and support services groups operating profit in its technology segment declined in the third quarter.
