FTSE 100 Movers: Randgold's share price continues to shine

4th Aug 2011 13:02

Gold miner Randgold Resources' share price was flying high after announcing that its second quarter gold production more than tripled, boosted by contributions from its new Tongon and Gounkoto mines and soaring gold prices, sending its shares higher. Randgold said the increased production of 184,711 ounces and the sale of gold held back at Tongon in the previous quarter pushed profits up 253% to $128.4m, from a year earlier. Satellite operator Inmarsat watched as its share price came crashing down more than 20% after the dismal results for its maritime sector, its core business, was reported. Inmarsat said, "as a result of faster than expected customer migration from higher to lower priced maritime services, together with lower customer spending levels in our land mobile and aeronautical sectors, our revenue growth in the first half has slowed and is unlikely to pick up in the second half as previously expected." Anglo-Dutch food and household goods giant Unilever was on investors' shopping lists after it posted higher sales and profits in the first half, though margins fell back as price rises failed to wholly offset the impact of higher input costs. FTSE 100 - RisersRandgold Resources Ltd. (RRS) 5,885.00p +5.94%Unilever (ULVR) 2,013.00p +5.67%Imperial Tobacco Group (IMT) 2,129.00p +2.36%Vodafone Group (VOD) 173.35p +1.67%GlaxoSmithKline (GSK) 1,337.50p +1.29%Schroders (Non-Voting) (SDRC) 1,306.00p +1.24%Admiral Group (ADM) 1,552.00p +1.24%Diageo (DGE) 1,230.00p +1.23%United Utilities Group (UU.) 604.00p +1.00%Next (NXT) 2,380.00p +0.93%FTSE 100 - FallersInmarsat (ISAT) 389.00p -20.43%Vedanta Resources (VED) 1,525.00p -7.01%Xstrata (XTA) 1,114.00p -6.07%IMI (IMI) 891.50p -5.41%Lloyds Banking Group (LLOY) 36.87p -5.38%Kazakhmys (KAZ) 1,137.00p -5.17%Barclays (BARC) 202.00p -4.94%International Consolidated Airlines Group SA (IAG) 202.00p -4.90%Weir Group (WEIR) 1,918.00p -4.86%Cairn Energy (CNE) 318.80p -4.78%NR