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Sector movers: Reckitt recovers

Mon, 18th Apr 2011 14:09
Reckitt Benckiser is boosting the household goods sector higher, recovering from last week's sell-off.The group - which owns the Cillit Bang brand - saw its share price take a beating on Thursday after it announced the retirement of chief executive officer Bart Becht. Meanwhile, the health care equipment and services sector is under the weather, with Smith & Nephew (S&N) a notable faller.Bid hopes for the medical devices maker took a knock after reports emerged that massive US healthcare conglomerate Johnson & Johnson is taking a look at Swiss company Synthes, one of S&N's rivals. Heart monitoring equipment supplier LiDCO is also lower despite reporting that annual revenue increased by 16% while sales in the UK jumped 29%. ---bcTop performing sectors so far todayHousehold Goods & Home Construction 6,250.70 +0.76%Construction & Materials 4,134.23 +0.32%Media 4,176.61 +0.16%General Retailers 1,692.48 +0.14%Industrial Transportation 2,558.63 +0.01%Bottom performing sectors so far todayHealth Care Equipment & Services 3,769.03 -3.29%Industrial Metals & Mining 7,998.72 -2.19%Life Insurance 4,445.50 -1.92%Insurance (non-life) 1,593.32 -1.60%Food Producers & Processors 5,181.65 -1.56% Smith & Nephew

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