Temporary power and temperature control firm Aggreko was the best performer of the day after winning contracts to supply122 MW of gas-fuelled power to utilities in Mozambique and Namibia from its facility at Ressano Garcia in Mozambique, the largest cross-border interim power plant in the world. Jefferies said that contract win is 'very helpful for sentiment and applies upside risk to FY14F consensus earnings'.
[14 Mar '13]The mining sector in London was lower across the board on Thursday, weighed down by concerns over inflation in China after the country's central bank hinted that it was willing to tighten monetary policy in an effort to contain prices.
[14 Mar '13]Disappointing production data from the Eurozone dampened stocks on Wednesday morning in London, but a better-than-expected reading of US retail sales saw markets rally off their lows in afternoon trade.
[13 Mar '13]Prudential was the strongest riser after posting a 25 per cent increase in its annual operating profits, saying its performance was largely driven by its "sweet-spot" markets including Indonesia, Singapore, Malaysia, the Philippines and Thailand.
[13 Mar '13]GKN got a boost after Jefferies said that company has a sound platform for solid growth after the engineering group's pre-tax profit came in ahead of its predictions.
[26 Feb '13]Election results in Italy prompted in a sell-off across European stock markets on Tuesday morning after the country was thrown into a political deadlock.
[26 Feb '13]Every sector in London was either trading flat or in the red on Thursday afternoon as markets suffered a sell-off on the back of comments from the Federal Reserve last night.
[21 Feb '13]Industrial Metals & Mining proved to be the worst performing sector on Monday, dragged lower by weaker metal prices.
[18 Feb '13]