Precious metals miner Fresnillo was a heavy faller after fourth quarter gold production came in 20.6 per cent lower than 2011. This stood in stark contrast to full year output, which totalled 473,034 ounces, up 5.4 per cent year-on-year and above the 460,000-ounce target. Sector peer Polymetal was also lower.

GKN was also a big faller, most likely because of profit taking.

Kingfisher was boosted after Exane BNP Paribas raised its target price from 320p to 350p and kept an 'outperform' rating.

BG Group was also higher after Bloomberg speculated that the company is vulnerable to takeover bids as a result of the 26% decline in its share price last year.

Tate & Lyle got a boost after Berenberg increased its rating on the stock to buy.

Beverages giant SABMiller, the company famous for Miller Lite and Foster's brands, said that trading in the third quarter was in line with expectations with revenue growth accelerating from the first six months of the year, causing shares to edge higher.

Smiths Group and Shire were in demand after Credit Suisse highlighted that they would benefit as inflation expectations rise.


FTSE 100 - Risers
Kingfisher (KGF) 274.00p +1.90%
BG Group (BG.) 1,139.00p +1.74%
Petrofac Ltd. (PFC) 1,699.00p +1.74%
Weir Group (WEIR) 1,984.00p +1.74%
Tate & Lyle (TATE) 813.00p +1.62%
Next (NXT) 4,028.00p +1.46%
CRH (CRH) 1,284.00p +1.26%
Smiths Group (SMIN) 1,232.00p +1.23%
Associated British Foods (ABF) 1,649.00p +1.23%
Shire Plc (SHP) 2,093.00p +1.06%

FTSE 100 - Fallers
Polymetal International (POLY) 1,044.00p -2.88%
Fresnillo (FRES) 1,732.00p -2.42%
Carnival (CCL) 2,569.00p -1.68%
GKN (GKN) 244.20p -1.57%
Pearson (PSON) 1,186.00p -1.33%
Standard Chartered (STAN) 1,643.00p -1.26%
Royal Bank of Scotland Group (RBS) 362.90p -1.09%
British Land Co (BLND) 560.50p -1.06%
ITV (ITV) 115.20p -1.03%
Standard Life (SL.) 342.70p -0.90%

NR

Related share prices
BG Group (BG.) share price
GKN (GKN) share price
Kingfisher (KGF) share price
SABMiller (SAB) share price
Tate & Lyle (TATE) share price
Fresnillo (FRES) share price
Polymetal International (POLY) share price