FTSE 100 movers: Miners recover after yesterday's sell-off

24th Jun 2011 14:40

Miners, on the whole, are wanted, recovering from the broad sector sell-off experienced on Thursday. Blue chips Antofagasta, Xstrata, ENRC, Rio Tinto, BHP Billiton and Randgold Resources are among the big gainers. Rolls-Royce is a high riser after it secured - along with Daimler - full control of German diesel engine-maker Tognum. The two companies want to take over Tognum to create a joint venture that will be a "leading industrial engine systems and solutions provider." Meanwhile, the banking sector is unwanted on Friday, after a report from the Bank of England's Financial Stability Report warned of continuing sovereign and banking risks. Lloyds Banking Group, Royal Bank of Scotland and Barclays are among the worst performers.Asset management firm Schroders is under the weather after Credit Suisse reduced its forecasts for the group, given the decline in equity markets in the last month. A 'neutral' stance is maintained, while the target price is scaled back to 1,600p, from 1,700p. ---BCFTSE 100 - RisersGKN (GKN) 216.60p +4.69%Antofagasta (ANTO) 1,283.00p +3.72%Xstrata (XTA) 1,289.50p +3.70%Eurasian Natural Resources Corp. (ENRC) 719.00p +3.38%Rio Tinto (RIO) 4,295.00p +3.33%ARM Holdings (ARM) 585.00p +3.27%BHP Billiton (BLT) 2,317.00p +3.25%Rolls-Royce Group (RR.) 608.00p +3.05%Randgold Resources Ltd. (RRS) 5,025.00p +2.97%ITV (ITV) 67.45p +2.59%FTSE 100 - FallersLloyds Banking Group (LLOY) 43.77p -3.32%Royal Bank of Scotland Group (RBS) 35.77p -2.64%Inmarsat (ISAT) 557.50p -1.68%Barclays (BARC) 239.50p -1.58%Tate & Lyle (TATE) 626.50p -1.03%Autonomy Corporation (AU.) 1,629.00p -1.03%Hargreaves Lansdown (HL.) 584.00p -1.02%Essar Energy (ESSR) 390.50p -0.89%John Wood Group (WG.) 610.50p -0.89%Schroders (Non-Voting) (SDRC) 1,231.00p -0.73%