Basic Materials


UPDATE 2-Pre-election clash in Guinea capital kills two, wounds 15

* President suspends auction over iron ore deposit (Updates casualty tally with two dead)

2:41pm EDT

UPDATE 1-Mozambique's opposition leader released after being held by police in his home

MAPUTO, Oct 9 - Mozambique's opposition party leader Afonso Dhlakama was released on Friday after being detained by security forces in his home for several hours when he emerged from hiding after a shootout that killed 23 members of his entourage last month.

1:51pm EDT

Britain's FTSE set for biggest weekly gain since 2011

* Investors cheered by Thursday's Fed minutes (Updates with closing prices)

Zinc deficit seen at 152,000 T in 2016 -ILZSG

Oct 9 - The global zinc market is forecast to have a surplus of 88,000 tonnes this year, but is expected to see a deficit of 152,000 tonnes next year, the International Lead and Zinc Study Group said on Friday.

12:08pm EDT

UPDATE 3-Glencore cuts 4 percent of world zinc output, price surges 10 percent

* Zinc logs biggest single-day gain in five years (Adds link to FACTBOX on Glencore zinc output cuts, updates prices)

Basic Materials
Dow Chemical Co $47.19 -1.26%
LyondellBasell Industries NV $95.61 -1.94%
Praxair Inc $108.79 +0.18%


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