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Sector movers: Fed talks lifts gold higher, hits banks

By Oliver Haill

Date: Thursday 21 Mar 2019

(Sharecast News) - Metals and miners fuelled the gains on Thursday, while electronic engineers, real estate and banks were notably in the red.
After a dovish statement from the US Federal Reserve, gold prices hit a three-week high to boost precious metals miners.

Fresnillo topped the FTSE 100 leaderboard and Centamin sat atop the 250, followed closely by Acacia and Hochschild.

Industrial miners were also standout gainers, with Rio Tinto, Antofagasta, Glencore and BHP all higher as copper prices rallied.

Going the other way, RBS, Lloyds and Barclays were among those hit by the Fed's softer rate talk.

A disappointing update from engineering company Renishaw dragged on the electronic & electrical equipment sector.

Top performing sectors so far today

Mining +1.74%

Industrial Metals & Mining +1.57%

Personal Goods +1.46%

Pharmaceuticals & Biotechnology +1.44%

Oil Equipment, Services & Distribution +1.37%

Bottom performing sectors so far today

Leisure Goods -1.17%

Electronic & Electrical Equipment -1.13%

Real Estate Investment & Services -0.96%

Automobiles & Parts -0.89%

Banks -0.78%

Market Movers

FTSE 100 (UKX) 7,328.18 0.51%
FTSE 250 (MCX) 19,294.25 -0.49%
techMARK (TASX) 3,560.47 -0.08%

FTSE 100 - Risers

Hikma Pharmaceuticals (HIK) 1,718.50p 4.31%
Fresnillo (FRES) 834.20p 4.20%
Reckitt Benckiser Group (RB.) 6,445.00p 2.38%
GlaxoSmithKline (GSK) 1,553.40p 1.89%
Antofagasta (ANTO) 976.20p 1.88%
Anglo American (AAL) 2,030.00p 1.85%
BHP Group (BHP) 1,800.20p 1.84%
Experian (EXPN) 2,071.21p 1.83%
Rio Tinto (RIO) 4,280.50p 1.82%
Evraz (EVR) 609.40p 1.80%

FTSE 100 - Fallers

Royal Bank of Scotland Group (RBS) 248.40p -6.26%
Phoenix Group Holdings (PHNX) 674.99p -3.57%
Lloyds Banking Group (LLOY) 63.20p -2.84%
London Stock Exchange Group (LSE) 4,590.00p -2.57%
easyJet (EZJ) 1,188.50p -2.10%
Barclays (BARC) 161.00p -2.09%
SEGRO (SGRO) 671.20p -1.81%
WPP (WPP) 852.80p -1.32%
International Consolidated Airlines Group SA (CDI) (IAG) 530.40p -1.30%
Kingfisher (KGF) 226.80p -1.26%

FTSE 250 - Risers

Acacia Mining (ACA) 206.10p 4.62%
Hunting (HTG) 631.50p 4.55%
Hochschild Mining (HOC) 201.60p 3.81%
Centamin (DI) (CEY) 92.95p 3.65%
Inmarsat (ISAT) 508.20p 2.60%
Aggreko (AGK) 769.80p 2.45%
Softcat (SCT) 863.00p 2.25%
Marshalls (MSLH) 603.00p 1.94%
Rank Group (RNK) 160.20p 1.91%
Tate & Lyle (TATE) 721.40p 1.61%

FTSE 250 - Fallers

Renishaw (RSW) 3,756.00p -10.57%
Ted Baker (TED) 1,578.00p -7.72%
Crest Nicholson Holdings (CRST) 360.60p -7.25%
Kier Group (KIE) 399.19p -7.03%
Just Group (JUST) 68.50p -5.91%
Merlin Entertainments (MERL) 347.40p -5.83%
Indivior (INDV) 107.15p -5.55%
IG Group Holdings (IGG) 518.00p -5.47%
Hammerson (HMSO) 351.10p -4.70%
Amigo Holdings (AMGO) 186.52p -4.35%


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