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Sector movers: General industrials advance

Thu, 14th May 2009 12:40
Heavy plastics maker British Polythene leads the general industrials sector higher after saying it anticipates that results for the first six months will be ahead of the same period last year.In the same sector, Cookson is higher even though the ceramics group saw revenues plunge by a third in the first four months of 2009, prompting it to cut a further 600 jobs. With BT slashing its dividend and cutting another 15,000 jobs after a £1.3bn charge sent it to a full year loss of £134m, shares in the fixed line communications sector are firmly in the red.Top performing sectors so far todayIndustrial Metals 3,519.07 +3.77%Banks 3,904.96 +2.63%Real Estate 1,517.53 +2.07%General Industrials 1,640.60 +2.03%Industrial Transportation 1,595.83 +1.37%Bottom performing sectors so far todayFixed Line Telecommunications 1,514.93 -2.71%Oil Equipment Services & Distribution 11,393.31 -2.15%Personal Goods 6,739.01 -1.54%Oil & Gas Producers 7,068.99 -1.50%Beverages 6,023.27 -1.23%

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