LONDON (ShareCast) - The mining sector is going well, led by Kazakh giant ENRC after higher price estimates for ferrochrome and iron ore pellets prompted ABN Amro to upgrade its rating on the company to ‘buy’ from ‘hold’ and increase its price target to 1,650p from 1,300p.
In the drinks sector, SABMiller lost a bit of froth after the brewer failed to attract the attention of the acquisition-hungry Stella Artois owner InBev. Diageo, the company behind Guinness, as well as stronger drinks such as Baileys and Smirnoff Vodka, also heads lower.
Top performing sectors so far today
Industrial Metals 8,758.00 +1.57%
Construction & Materials 4,560.70 +1.14%
Household Goods 5,652.70 +0.88%
Mining 26,630.80 +0.88%
General Industrials 2,575.90 +0.37%
Bottom performing sectors so far today
Food Producers & Processors 4,035.60 -3.21%
Beverages 6,385.50 -2.17%
Mobile Telecommunications 3,412.50 -2.06%
Technology Hardware & Equipment 205.80 -2.00%
Fixed Line Telecommunications 2,793.10 -1.96%