TOP RISERS AND FALLERS
Miners and banks drove the FTSE up to 6,051 yesterday as a successful debt issue in Portugal reassured investors. Vedanta and Eurasian Natural Resources both benefitted from analyst upgrades by Deutsche Bank. A referendum in Kazakhstan on the president’s rule also helped. National Grid, GKN and J Sainsbury all dropped back.
Eurasian Natural Resources – 4.36 per cent
Boosted thanks to a favourable referendum in Kazakhstan
Vedanta Resources – 4.27 per cent
The mining company was up after an upgrade from Deutsche Bank
HSBC – 3.82 per cent
Banks did well as Portugal’s successful auction soothed nerves
Kazakhmys – 3.66 per cent
Like Eurasian Natural Resources, this Kazakh miner did well
Barclays – 3.63 per cent
Like HSBC, Barclays was boosted by optimism about the Eurozone
GKN – 2.61 per cent
Engineer GKN dropped hardest yesterday
National Grid – 2.27 per cent
National Grid is suffering from power outages
J Sainsbury – 2.15 per cent
J Sainsbury saw gains reversed after a bout of profit taking
Burberry Group – 2.10 per cent
Burberry fell back yesterday as the fashion house became less fashionable
Intertek Group – 2.03 per cent
The laboratories group fell back yesterday after big gains on Tuesday