Sector movers: Vodafone leads telecoms higher after MySpace tie-up
Date: Monday 30 Jun 2008
LONDON (ShareCast) - Mobile telecommunications stocks are going well after Vodafone announced a tie-up with the social network web site MySpace. Cable and Wireless also advances.
Oil plays advance after the price of a barrel of crude rose to a record above $143 a barrel on concerns supplies from Iran may be disrupted. BP and Shell are among the risers.
Healthcare stocks are having a bad day after care home group Southern Cross warned of a breach of bank covenants, poor trading and the departure of its finance director.
Trading has been hit by lower than anticipated occupancy at its homes due to a higher-than-expected death rate, lower demand and slower funding from government.
Top performing sectors so far today Mobile Telecommunications 3,388.70 +4.64%
Aerospace and Defence 2,984.60 +2.61%
Oil & Gas Producers 8,549.90 +2.56%
Tobacco 22,283.00 +2.52%
Bottom performing sectors so far today Health Care Equipment & Services 3,146.90 -6.61%
Technology Hardware & Equipment 187.20 -1.63%
Banks 6,259.60 -1.28%
Household Goods 4,987.90 -1.24%
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