Shares in GKN rocketed after the announcement of its acquisition of Volvo Aero for 633m pounds. To help fund the deal GKN aims to place £140m of new shares with institutional investors, with the rest of the money coming from new debt facilities. Investec reiterated its 'buy' recommendation for the engineering group this morning, saying that 'The acquisition of Volvo Aerospace has been announced on terms that are better than anticipated in the media.' The broker said that while the cost equity raise are lower than expected, the expected returns are higher. The decision by Xstrata to postpone the vote on its controversial proposed merger with Glencore International gave a boost to both stocks. The company said that the delay is due to the proposed changes to the management retention awards announced last month. Shareholders were due to vote on the the Xstrata-Glencore merger on July 4th. Meanwhile, heading the other way was the under-pressure banking sector which was rocked by the LIBOR and mis-selling scandals last week. Barclays, the lender at the centre of the interbank lending rate manipulation claims, was trading slightly lower, while sector peers Royal Bank of Scotland, Lloyds and Standard Chartered were also out of favour. Utilitiy giant Centrica fell after Goldman Sachs downgraded the stock to 'neutral' and cut its target price from 441p to 422p. FTSE 100 - RisersGKN (GKN) 204.40p +9.54%Xstrata (XTA) 846.60p +3.14%Experian (EXPN) 942.00p +1.73%Glencore International (GLEN) 317.35p +1.70%Anglo American (AAL) 2,163.00p +1.07%Tate & Lyle (TATE) 662.50p +0.99%BP (BP.) 434.55p +0.93%Kazakhmys (KAZ) 756.50p +0.73%Aviva (AV.) 283.40p +0.71%Vedanta Resources (VED) 948.50p +0.69%FTSE 100 - FallersInternational Consolidated Airlines Group SA (CDI) (IAG) 155.10p -2.58%CRH (CRH) 1,217.00p -2.41%Royal Bank of Scotland Group (RBS) 209.50p -2.33%Kingfisher (KGF) 275.20p -2.24%ICAP (IAP) 324.80p -1.87%Shire Plc (SHP) 1,813.00p -1.68%British Land Co (BLND) 506.00p -1.65%Centrica (CNA) 312.70p -1.57%Lloyds Banking Group (LLOY) 31.18p -1.52%Evraz (EVR) 262.80p -1.39%NR