FTSE 100 movers: Aggreko's US buy

3rd Dec 2010 13:12

Temporary power and temperature control specialist Aggreko is higher following a US acquisition that increases its presence in the oil and gas market. Aggreko is paying $26m for Northland Power Services, a leading provider of power solutions for the oil and gas exploration and production market in the Rocky Mountain region of the US.Liberum has increased its forecasts for Johnson Matthey. The price target has been raised from £20 to £25 a share. Positive broker notes have also pushed retailer Kingfisher higher. In contrast, Numis has downgraded Man Group from hold to reduce. National Grid has also fallen even though Morgan Stanley has set a share price target of 575p. Banks are on the slide with Standard Chartered the biggest faller. FTSE 100 - RisersFresnillo (FRES) 1,560.00p +3.45%Johnson Matthey (JMAT) 1,911.00p +2.36%Kingfisher (KGF) 258.70p +1.49%Aggreko (AGK) 1,566.00p +1.29%Kazakhmys (KAZ) 1,504.00p +1.14%Anglo American (AAL) 3,031.00p +1.05%Schroders (SDR) 1,730.00p +1.05%Antofagasta (ANTO) 1,427.00p +0.99%Vedanta Resources (VED) 2,192.00p +0.92%Schroders (Non-Voting) (SDRC) 1,375.00p +0.88%FTSE 100 - FallersMan Group (EMG) 279.50p -3.19%Burberry Group (BRBY) 1,073.00p -2.37%Standard Chartered (STAN) 1,826.50p -2.01%National Grid (NG.) 549.00p -1.79%G4S (GFS) 239.50p -1.76%Whitbread (WTB) 1,760.00p -1.73%Sage Group (SGE) 284.20p -1.66%Barclays (BARC) 270.55p -1.60%ICAP (IAP) 518.00p -1.52%Aviva (AV.) 379.50p -1.51%