Kingfisher Share News (KGF)

- Volumes expected to be low with US markets closed- Rio Tinto plans to ramp up production- Kingfisher, Wolseley disappoint with resultstechMARK 2,664.08 +0.20%FTSE 100 6,655.03 +0.08%FTSE 250 15,456.43 +0.32%The FTSE 100 opened broadly flat on Thursday on what is set to be a quiet day for financial markets with Wall Street closed for the holidays.London's benchmark index was trading little changed from its closing price of 6,649.947, with just 10 points or so separating its intraday low and high early on."Volumes are likely to remain low for the rest of the week as the US pauses for Thanksgiving and Black Friday. European stocks are indicting a very quiet open, with the FTSE trading unchanged since yesterday's close," said Lee Mumford, Financial Sales Trader at Spreadex.Markets across the globe performed well on Wednesday after a deluge of economic data from the US, which included a surprise fall in jobless claims, a jump in consumer confidence along with improvements in Chicago manufacturing activity and the leading indicators index.However, with no data from the States due out today and very little out from the UK, the focus is likely to be on economic indicators from the Eurozone on Thursday. Data out this morning is expected to confirm a steady unemployment rate in Germany of 6.9% in November. Meanwhile, the final reading of Eurozone consumer confidence is expected to stay at -15.4, in line with the initial estimate and below the -14.5 recorded in October.Rio Tinto gains, Kingfisher slumpsRio Tinto gained after saying it will increase its mine production capacity at lower capital cost per tonne at its iron ore business in Western Australia. The miner expects mine production capacity will increase by more than 60m tonnes per year between 2014 and 2017 from a run base rate of 290m tonnes per annum by the end of the first half of 2014.Fellow miner Anglo American was also in demand after Liberum Capital upgraded its rating for the stock to 'hold'.Heading the other way was DIY retailer Kingfisher after a weak performance in France held back third-quarter retail profits. Retail profit growth came in at just 1.7%, less than analysts had forecast.Plumbing and heating products group Wolseley also disappointed with its first-quarter results as trading continues to be mixed across its key regions. The US and UK were still bolstering top-line growth, but like-for-like sales in Canada, Nordic, France and Central Europe all declined.Travel operator Thomas Cook surged after reporting a 49% jump in full-year operating profits as it lifted its near-term guidance for revenue and cost-cutting.FTSE 100 - RisersOld Mutual (OML) 198.80p +2.47%Rio Tinto (RIO) 3,193.50p +1.74%TUI Travel (TT.) 367.40p +1.27%Hargreaves Lansdown (HL.) 1,206.00p +1.26%Sports Direct International (SPD) 741.00p +1.16%United Utilities Group (UU.) 663.50p +1.07%Amec (AMEC) 1,136.00p +1.07%Weir Group (WEIR) 2,169.00p +0.98%Royal Bank of Scotland Group (RBS) 333.80p +0.97%Persimmon (PSN) 1,258.00p +0.96%FTSE 100 - FallersKingfisher (KGF) 372.80p -5.86%Imperial Tobacco Group (IMT) 2,294.00p -2.84%British American Tobacco (BATS) 3,223.00p -1.53%Wolseley (WOS) 3,356.00p -1.15%Compass Group (CPG) 930.00p -0.91%Marks & Spencer Group (MKS) 486.40p -0.65%Aberdeen Asset Management (ADN) 483.90p -0.64%Coca-Cola HBC AG (CDI) (CCH) 1,733.00p -0.57%Smiths Group (SMIN) 1,380.00p -0.43%International Consolidated Airlines Group SA (CDI) (IAG) 374.90p -0.42%FTSE 250 - RisersThomas Cook Group (TCG) 169.10p +10.38%Booker Group (BOK) 166.00p +3.11%Fidessa Group (FDSA) 2,145.00p +2.88%Cairn Energy (CNE) 274.20p +2.31%Pennon Group (PNN) 650.00p +1.88%Carpetright (CPR) 596.50p +1.88%Great Portland Estates (GPOR) 586.50p +1.82%AL Noor Hospitals Group (ANH) 859.00p +1.78%Marston's (MARS) 157.60p +1.61%Premier Oil (PMO) 313.00p +1.59%FTSE 250 - FallersIG Group Holdings (IGG) 589.50p -3.04%Perform Group (PER) 442.00p -2.86%Betfair Group (BET) 994.50p -2.60%IP Group (IPO) 191.90p -2.54%Centamin (DI) (CEY) 41.93p -2.49%PayPoint (PAY) 1,050.00p -1.69%Daejan Holdings (DJAN) 4,232.00p -1.35%Dunelm Group (DNLM) 864.00p -1.26%BH Macro Ltd. GBP Shares (BHMG) 2,058.00p -1.25%NMC Health (NMC) 415.00p -1.19%BC