Markets
Market update (PM): Aggreko closes trading on a high
Rob Langston, 17 June 2011
Aggreko (AGK.L) stayed the course to close on Friday as the biggest riser, adding 2.4 per cent to its share price of 1,911p.
The temporary power company saw share price rise after receiving a 'buy' recommendation from Goldman Sachs.
Private equity group 3i (III.L) saw its share price rise 2.3 per cent to 270p, while Randgold Resources added 2.2 per cent to 4,679p.
A failed legal challenge over tobacco vending machines failed to dent Imperial Tobacco (IMT.L), as it rose 1.9 per cent to 2,016p.
Banking group Old Mutual (OML.L) also saw its share price rise, up by 1.8 per cent to 126.5p after it had its issuer credit rating affirmed by rating agency AM Best.
B&Q owner Kingfisher (KGF.L), satellite communications company Inmarsat (ISAT.L), and Capital Shopping Centres (CSCG.L) all dropped 1.2 per cent.
Kingfisher dropped to 264.7p, while Capital Shopping Centres decreased to 318.8p. Figures from the Office for National Statistics, earlier this week revealed retail sales volumes had fallen by 1.4 per cent month-on-month, putting a number of retailers under pressure. Inmarsat, meanwhile, dropped to 564.5p
Microchip manufacturer Arm Holdings (ARM.L) and Eurasian Natural Resources (ENRC.L) both dropped 1 per cent to 556p and 716p, respectively.
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