FTSE 100 movers: Johnson Matthey in top spot after top year

Date: Thursday 07 Jun 2012

Platinum refiner Johnson Matthey jumped into the top spot after hailing another year of strong growth as it delivered numbers ahead of market expectations and a special divi worth a quid a share.

Luxury brand Burberry was hot on its heels after Credit Suisse upgraded the stock from neutral to outperform and lifted its target price from 1,420p to 1,650p.

Banks were also providing a lift throughout the day, with Royal Bank of Scotland, Lloyds and Barclays making decent gains. Deutsche Bank retained its buy recommendations for Lloyds and Barclays today, but maintained a hold on RBS.

In the red were some of the miners following some impressive gains yesterday; sector peers Fresnillo and Randgold especially were putting in a poor performance throughout the afternoon, while Kazakymys made up some of the losses seen earlier in the day.



FTSE 100 - Risers
Johnson Matthey (JMAT) 2,333.00p +6.19%
Burberry Group (BRBY) 1,403.00p +5.97%
Vedanta Resources (VED) 1,013.00p +5.14%
Royal Bank of Scotland Group (RBS) 224.00p +5.07%
GKN (GKN) 185.70p +4.44%
Legal & General Group (LGEN) 116.80p +4.38%
Glencore International (GLEN) 362.65p +4.28%
Antofagasta (ANTO) 1,096.00p +4.08%
Rio Tinto (RIO) 3,015.00p +3.98%
Barclays (BARC) 195.20p +3.94%

FTSE 100 - Fallers
Randgold Resources Ltd. (RRS) 5,780.00p -3.34%
United Utilities Group (UU.) 668.50p -1.40%
Severn Trent (SVT) 1,741.00p -1.14%
Shire Plc (SHP) 1,865.00p -0.75%
SSE (SSE) 1,329.00p -0.67%
Hammerson (HMSO) 421.00p -0.64%
SABMiller (SAB) 2,438.00p -0.43%
Weir Group (WEIR) 1,481.00p -0.27%
Fresnillo (FRES) 1,468.00p -0.27%
Sainsbury (J) (SBRY) 288.90p -0.21%

NR

« Go back to news channel

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE