CPW.L Share News (CPW)

- Turkey hikes interest rates to halt lira slide- Antofagasta, Anglo American, Randgold rise after updates- Markets await FOMC decisiontechMARK 2,799.62 +0.65%FTSE 100 6,632.49 +0.92%FTSE 250 15,895.51 +1.14%UK markets opened strongly on Wednesday after the Turkish central bank's decision to increase interest rates, as concerns over the emerging markets continued to ease following recent volatility.After an emergency policy meeting last night, Turkey lifted the overnight funding rate from 7.75% to 12% and hiked the one-week lending rate from 4.5% to 10%, as it looked to halt the recent slide in the lira which reached a record-low against the dollar on Monday.According to Alpari Market Analyst Craig Erlam, if other countries follow suit, "this should re-stabilise the markets at a time when further Federal Reserve tapering is widely expected". The FTSE 100 opened 0.9% higher at 6,632 this morning, helped by strong gains in the heavyweight mining sector after well-received production updates from Antofagasta, Anglo American and Randgold.The Fed, which concludes its two-day policy meeting later this evening, began scaling back its monthly asset purchases in December from $85bn to $75bn, is expected make another $10bn cut this month, according to the consensus forecast.In other macro-related news, GfK's consumer confidence survey for Germany showed confidence in the economy will rise to 8.2 in February, a level not seen since August 2007, up from the revised 7.7 for January. Miners in focusChilean miner Antofagasta was a high riser this morning after unveiling a record year of copper production for 2013, supported by a strong output performance in the fourth quarter.Anglo American also impressed as it reported an increase in fourth-quarter iron ore, copper, nickel and thermal coal production.Meanwhile, Randgold Resources rose after saying that its Loulo-Gounkoto gold mine in Mali is likely to beat its revised production target for 2013.Other miners including Fresnillo and Rio Tinto were also putting in a solid performance this morning.Financials were also in demand as risk appetite continued to recover after recent volatility; Aberdeen, Hargreaves Lansdown, Prudential and Barclays were among the best performers.Carphone Warehouse jumped after being signed as the preferred partner of Samsung Electronics to operate more than 60 Samsung stand-alone stores across Europe.Luxury handbag and fashion group Mulberry sank by over 26% early on following a profit warning after UK Christmas trading fell short of hopes due to rival price-cutting.FTSE 100 - RisersAnglo American (AAL) 1,409.00p +4.88%Antofagasta (ANTO) 862.00p +4.80%Barclays (BARC) 283.70p +3.81%Fresnillo (FRES) 772.50p +2.86%Aberdeen Asset Management (ADN) 413.50p +2.55%Vodafone Group (VOD) 228.30p +2.24%Hargreaves Lansdown (HL.) 1,517.00p +2.15%Glencore Xstrata (GLEN) 330.40p +2.04%Hammerson (HMSO) 539.50p +1.79%Persimmon (PSN) 1,315.00p +1.78%FTSE 100 - FallersBritish Sky Broadcasting Group (BSY) 859.00p -0.92%United Utilities Group (UU.) 733.50p -0.47%Shire Plc (SHP) 3,020.00p -0.46%Johnson Matthey (JMAT) 3,324.00p -0.30%Rolls-Royce Holdings (RR.) 1,206.00p -0.25%GlaxoSmithKline (GSK) 1,600.50p -0.06%FTSE 250 - RisersCarphone Warehouse Group (CPW) 285.80p +6.17%Bank of Georgia Holdings (BGEO) 2,217.00p +5.57%Halfords Group (HFD) 470.90p +4.64%Intu Properties (INTU) 331.60p +3.50%Rank Group (RNK) 137.10p +3.47%Entertainment One Limited (ETO) 297.70p +3.19%Essar Energy (ESSR) 61.25p +3.11%Petra Diamonds Ltd.(DI) (PDL) 135.00p +3.05%Hays (HAS) 135.70p +2.73%Inchcape (INCH) 602.50p +2.64%FTSE 250 - FallersBTG (BTG) 599.00p -1.07%Alent (ALNT) 307.00p -0.94%Rathbone Brothers (RAT) 1,701.00p -0.76%Fenner (FENR) 413.60p -0.67%Pennon Group (PNN) 694.50p -0.57%BH Macro Ltd. EUR Shares (BHME) € 19.30 -0.46%NB Global Floating Rate Income Fund Ltd GBP (NBLS) 104.00p -0.38%Derwent London (DLN) 2,589.00p -0.35%NMC Health (NMC) 478.50p -0.31%BH Macro Ltd. GBP Shares (BHMG) 2,005.00p -0.25%BC