FTSE 100 movers: Mining sector boosted by Citi note

Mining shares are rising today with Fresnillo the biggest mover after Citigroup published a positive note on the sector. Randgold Resources was upgraded from neutral to overweight by HSBC. Satellite broadcaster BSkyB reported a strong rise in profits in the six months to December 2010. Pre-tax profits climbed to £237m from £185m over the same period the previous year on revenues that rose to £1.66bn from £1.44bn. An unexpected fall in profits at the Swedish fashion retailer Hennes & Maurritz, known on the High Street as H&M, has sent shares in Next lower. H&M cited rising raw material prices as a reason for the squeeze. The CBI's latest retail sales research suggests that retail sales growth is slowing and Kingfisher has also fallen. FTSE 100 - Risers Fresnillo (FRES) 1,389.00p +4.44%Randgold Resources Ltd. (RRS) 4,926.00p +3.95%Man Group (EMG) 292.10p +2.96%Sage Group (SGE) 295.40p +2.39%Old Mutual (OML) 127.90p +1.99%Aviva (AV.) 443.30p +1.93%African Barrick Gold (ABG) 528.50p +1.93%British Sky Broadcasting Group (BSY) 772.00p +1.91%Petrofac Ltd. (PFC) 1,609.00p +1.84%Inmarsat (ISAT) 663.00p +1.77%FTSE 100 - Fallers Next (NXT) 2,041.00p -2.11%Unilever (ULVR) 1,841.00p -1.34%Reed Elsevier (REL) 561.50p -1.32%ARM Holdings (ARM) 529.00p -1.21%United Utilities Group (UU.) 552.00p -1.16%Severn Trent (SVT) 1,407.00p -1.12%BAE Systems (BA.) 351.70p -1.10%Associated British Foods (ABF) 1,087.00p -1.09%Kingfisher (KGF) 261.00p -0.99%Capita Group (CPI) 677.50p -0.88%