Stock Market News
Sector movers: GKN accelerates, lifting auto sector
20-04-2011 13:32
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The automobiles and parts sector is performing well today, lifted by engineering giant GKN which is making ground on the FTSE 100.
Reports that the group's 'Driveline' division will hike production capacity has boosted the share price over 5% higher.
The business allegedly will be ramping up production for its constant velocity joint and all-wheel-drive systems by 50%, to deal with increasing demand from China.
The construction and materials sector is the worst performing sector of the day.
Doors and windows provider Lupus Capital and building services group T Clarke are among the fallers.
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bc
Top performing sectors so far today
Automobiles & Parts 4,816.42 +5.10%
Technology Hardware & Equipment 782.09 +4.27%
Household Goods & Home Construction 6,383.70 +3.42%
Oil & Gas Producers 8,735.85 +3.35%
General Retailers 1,733.35 +2.78%
Bottom performing sectors so far today
Construction & Materials 4,067.21 -0.20%
Reports that the group's 'Driveline' division will hike production capacity has boosted the share price over 5% higher.
The business allegedly will be ramping up production for its constant velocity joint and all-wheel-drive systems by 50%, to deal with increasing demand from China.
The construction and materials sector is the worst performing sector of the day.
Doors and windows provider Lupus Capital and building services group T Clarke are among the fallers.
---
bc
Top performing sectors so far today
Automobiles & Parts 4,816.42 +5.10%
Technology Hardware & Equipment 782.09 +4.27%
Household Goods & Home Construction 6,383.70 +3.42%
Oil & Gas Producers 8,735.85 +3.35%
General Retailers 1,733.35 +2.78%
Bottom performing sectors so far today
Construction & Materials 4,067.21 -0.20%
| Related share prices |
|---|
| GKN (GKN) share price |
| Clarke (T.) (CTO) share price |
| Lupus Capital (LUP) share price |
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