Share Dealing
Market update (PM): Aggreko generates rise on broker coverage
Rob Langston, 17 September 2010
Temporary power supplier Aggreko was the biggest riser at the close of markets on Friday, increasing by 4.1 per cent to 1,613p.
The rise was attributed to new broker coverage by Credit Suisse, which gave the firm a 'neutral' outlook.
Invensys finished strongly rising 3.2 per cent to 285.8p following earlier news that it had struck an agreement with Chinese train manufacturer CSR Corporation to licence, manufacturer and sell its Westrace train control system to CSR’s signalling division. The deal is worth an estimated £561 million per year.
B&Q owner Kingfisher also saw improvement in share price after a bullish interim trading statement earlier in the week, as share price increased by 2.2 per cent to 224.6p.
Listed hedge funds Man Group was the biggest faller at the close of play on Friday, dropping 4.4 per cent to 225.2p.
Fellow financial blue chip firm Barclays also slipped by 3.2 per cent to 304.65p, while Shire saw share price drop by 3 eper cent to 1,468p.
Advertisement
Free Magazine: How To Invest For Income
Free Magazine: How To Invest For Income In this free edition of MarketViews, Peter Temple highlights key features that can make income-based investing generate such good results. Get your free copy here
Free Guide: 8 Common Trading Indicators
Get this free guide to find out how to use technical indicators to give you a sense of what the market will do next. Get your free copy here.
No hassle and no admin fees. Open an account now with The Share Centre. Find out more.
A free guide to Gold Investment
Physical Gold protects against global economic downturn by providing crucial portfolio balance. You can buy gold bars for your UK pension and receive up to 40% price discount via tax relief. Buy tax-free gold coins as an alternative to poor interest rates. Find out more and download this free guide to gold investment.
The TaxGuide.co.uk has a wealth of tips and advice from working out your tax bill, through to the latest personal tax rules. Get your personal tax tips today.
FREE Report: Inside Investment Trusts
Written by the team behind What Investment, this exclusive FREE report covers:
- Why Investment Trusts are better than Unit Trusts
- How new legislation is broadening the appeal of Investment Trusts
- Where to look for buying opportunities
- Why now is the time to buy Investment Trusts
- The Investment Trusts to invest in at the moment


Comments
Please register or login to comment on this article.