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Sector movers: Miners rise to the top
09-01-2013 15:38
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Miners led the way in the mid-week session as Egypt-focused gold mining and exporting company Centamin jumped 14%.
The firm reported record production at its Sukari Gold Mine for the final quarter of 2012.
During the three month period gold production totalled 85,543 ounces, up 45% on the same period the previous year and 40% higher than in the third quarter.
This brought full year production to 262,958, a 30% increase on 2011 and above guidance of 250,000 ounces.
Hot on Centamin's heals was African Barrick Gold, which rose over 6%.
But this came on the back of Tuesday's slump, when news emerged that it would not be sold to a Chinese firm.
Top performing sectors so far today
Industrial Metals & Mining 2,995.19 +2.98%
Banks 4,764.92 +2.61%
Technology Hardware & Equipment 1,003.47 +1.91%
Mobile Telecommunications 3,867.53 +1.86%
Automobiles & Parts 5,496.79 +1.64%
Bottom performing sectors so far today
Food & Drug Retailers 4,195.72 -0.94%
Industrial Transportation 2,485.00 -0.88%
Food Producers & Processors 6,467.74 -0.44%
Industrial Engineering 8,313.88 -0.43%
Real Estate Investment Trusts 2,247.16 -0.28%
MM
The firm reported record production at its Sukari Gold Mine for the final quarter of 2012.
During the three month period gold production totalled 85,543 ounces, up 45% on the same period the previous year and 40% higher than in the third quarter.
This brought full year production to 262,958, a 30% increase on 2011 and above guidance of 250,000 ounces.
Hot on Centamin's heals was African Barrick Gold, which rose over 6%.
But this came on the back of Tuesday's slump, when news emerged that it would not be sold to a Chinese firm.
Top performing sectors so far today
Industrial Metals & Mining 2,995.19 +2.98%
Banks 4,764.92 +2.61%
Technology Hardware & Equipment 1,003.47 +1.91%
Mobile Telecommunications 3,867.53 +1.86%
Automobiles & Parts 5,496.79 +1.64%
Bottom performing sectors so far today
Food & Drug Retailers 4,195.72 -0.94%
Industrial Transportation 2,485.00 -0.88%
Food Producers & Processors 6,467.74 -0.44%
Industrial Engineering 8,313.88 -0.43%
Real Estate Investment Trusts 2,247.16 -0.28%
MM
| Related share prices |
|---|
| Centamin (DI) (CEY) share price |
| African Barrick Gold (ABG) share price |
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