BUZZ-Randgold: Rising gold helps shares outperform

Thu Jan 7, 2016 5:21am EST
 
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** Gold miner's shares up 2 pct, top of the FTSE and second largest gainer on the Stoxx 600, as gold prices hit a 9-wk high

** Randgold now set for 4th straight day of gains, up more than 6 pct this week; stock the only gainer on the FTSE after early Marks & Spencer rise reverses into the red

** 3/4 of stock's 1-mth avg volume gone through in the first two hours of trade

** Smaller gold mining peers Acacia Mining and Centamin marginally down

** Gold has been rising on swooning global equities, following a 7 pct fall in Chinese stocks ; FTSE down 2.8 pct, Euro Stoxx down 3.3 pct, Hang Seng closed down 3.1 pct

** China concerns also hit base metals miners, FTSE 350 Mining Index at 11-yr lows (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)