News

Sector movers: Miners follow metals higher

21 November 2008 13:36:00

Higher metals prices have mining stocks' values jumping. Large cap miners such as Vedanta and Antofagasta are up in line with industrial metals such as copper and aluminium.

Precious metals prices also rose, helping to send the likes of Central Rand Gold and Aquarius Platinum higher.

Defensive stocks such as utility firms, pharmaceuticals and tobacco companies are out of favour heading into the weekend. National Grid, AstraZeneca and British American Tobacco are unwanted.

Top performing sectors so far today
Mining 8,880.10 +7.48%
Life Insurance 2,566.84 +6.93%
Forestry & Paper 1,731.50 +5.76%
Automobiles & Parts 1,199.31 +5.56%
Chemicals 2,331.83 +4.71%

Bottom performing sectors so far today
Mobile Telecommunications 2,616.87 -5.73%
Gas, Water & Multiutilities 3,946.59 -4.80%
Pharmaceuticals & Biotechnology 7,362.99 -3.28%
Tobacco 19,708.90 -2.11%
Fixed Line Telecommunications 1,785.52 -2.02%

All data suppied by Digital Look (15 minute delay)




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