FTSE 100 movers: Burberry bid rumours

30th Sep 2010 13:42

Luxury brands supplier Burberry is continuing its strong rise during September. The shares are more than one-fifth higher this month. There are rumours of an overseas bidder. Man has made up much of the loss from earlier in the week when it disappointed the market by admitting that first half profits will fall by a fifth to $215m due to lower performance fees. Aggreko has won a contract to supply temporary power generation services for the 2010 Asian Games and Asian Para Games. Inter-dealer broker ICAP is the biggest faller after saying earnings would be hit by debt refinancing costs. The company said that current profit forecasts for the year to March 2011, which range from £333m to £357m, appear 'reasonable' assuming steady exchange rates.Caterer Compass reports continued organic growth but it was not as fast as analysts' hoped. FTSE 100 - RisersMan Group (EMG) 219.50p +2.95%Eurasian Natural Resources (ENRC) 922.50p +2.05%Burberry Group (BRBY) 1,038.00p +1.76%Petrofac Ltd. (PFC) 1,388.00p +1.54%BP (BP.) 427.40p +1.52%Lonmin (LMI) 1,691.00p +1.44%African Barrick Gold (ABG) 593.50p +1.37%Reckitt Benckiser Group (RB.) 3,514.00p +1.30%Fresnillo (FRES) 1,263.00p +1.04%Aggreko (AGK) 1,576.00p +1.03%FTSE 100 - FallersICAP (IAP) 426.60p -2.56%Compass Group (CPG) 539.50p -2.18%InterContinental Hotels Group (IHG) 1,130.00p -1.74%Morrison (Wm) Supermarkets (MRW) 297.60p -1.49%BT Group (BT.A) 139.40p -1.27%Standard Life (SL.) 229.50p -1.25%Sainsbury (J) (SBRY) 390.50p -1.14%Standard Chartered (STAN) 1,860.00p -1.12%Bunzl (BNZL) 758.50p -1.11%Old Mutual (OML) 139.00p -1.07%