FTSE 100 movers: Associated British Foods leads the way

17th Jan 2013 14:46

Associated British Foods and International Consolidated Airlines (IAG) were leading the race in the FTSE 100 group Friday. The former gained on the back of festive season trading results, posting a 10% rise in group revenue. The interim management statement for 16 weeks to January 5th showed business was boosted by a 12% increase in sugar sales and a 25% jump in retail sales. IAG blasted off as its carrier British Airways announced new routes and terminal changes for summer 2013.Aggreko also powered forth following the group's announcement it had completed a nine-month contract to provide back-up energy during the construction of a £190m extension of the Thames Water Sewage Treatment Works at Beckton, east London. The biggest faller of the day was Aberdeen Asset Management despite saying that assets under management rose 3% in is first quarter. However the group warned that while stock markets have begun strongly in the 2103, "we believe that uncertainty still persists and that further periods of volatility remain likely in the months ahead". Polymetal International was sliding ahead of its fourth quarter and full 2012 production results of the gold and silver mining group, out on January 30th. A subsidiary of the company recently agreed to buy mining company Olymp.Nipping at its heels was Petrofac which dragged after JPMorgan Chase reaffirmed its overweight rating on shares of the oil and gas engineering company in research note released on Monday.FTSE 100 - RisersAssociated British Foods (ABF) 1,635.00p +5.08%International Consolidated Airlines Group SA (CDI) (IAG) 211.70p +4.29%Aggreko (AGK) 1,837.00p +3.79%ITV (ITV) 113.00p +2.63%Old Mutual (OML) 186.60p +2.47%Experian (EXPN) 1,080.00p +1.69%Legal & General Group (LGEN) 151.50p +1.68%Evraz (EVR) 292.20p +1.53%Kazakhmys (KAZ) 781.00p +1.49%Admiral Group (ADM) 1,165.00p +1.39%FTSE 100 - FallersAberdeen Asset Management (ADN) 384.40p -1.86%Polymetal International (POLY) 1,078.00p -1.73%Petrofac Ltd. (PFC) 1,670.00p -1.47%Randgold Resources Ltd. (RRS) 5,810.00p -1.36%National Grid (NG.) 684.50p -1.16%Kingfisher (KGF) 285.30p -1.07%Severn Trent (SVT) 1,569.00p -0.95%Rio Tinto (RIO) 3,434.50p -0.68%Land Securities Group (LAND) 817.50p -0.67%Sage Group (SGE) 312.30p -0.67%RD