FTSE 100 movers: Tullow continues rise

14th Sep 2010 14:55

Oil-related companies dominate the best performers. Essar Energy and Tullow Oil are higher in spite of the fact that the oil price has dipped today. Yesterday, Tullow revealed that it had discovered a major new oil field at its Owo prospect in Ghana. Cable & Wireless Worldwide has won an £82m global telecoms framework contract lasting five and a half years. The deal with the Foreign & Commonwealth Office could help C&W Worldwide to win more UK government business. The shares perked up on this news but they have been falling because of the company's removal from the FTSE 1000 next Monday. Chip designer ARM Holdings is lower after more selling by its directors and management. They have taken advantage of the strong rise in the share price due to expected new contracts. Home Retail continues to fall following last week's trading statement. FTSE 100 - RisersEssar Energy (ESSR) 459.20p +2.66%Capita Group (CPI) 767.00p +2.40%Petrofac Ltd. (PFC) 1,403.00p +2.26%Tullow Oil (TLW) 1,269.00p +2.26%Cable & Wireless Worldwide (CW.) 73.65p +2.22%Cobham (COB) 238.20p +1.93%Amec (AMEC) 945.00p +1.72%Legal & General Group (LGEN) 102.10p +1.59%Randgold Resources (RRS) 6,190.00p +1.14%Experian Group (EXPN) 672.00p +1.13%FTSE 100 - FallersARM Holdings (ARM) 385.40p -4.84%Wolseley (WOS) 1,420.00p -2.07%Rolls-Royce Group (RR.) 583.50p -1.93%Xstrata (XTA) 1,149.50p -1.75%TUI Travel (TT.) 222.00p -1.73%Pearson (PSON) 986.00p -1.69%Home Retail Group (HOME) 212.50p -1.48%Anglo American (AAL) 2,549.00p -1.47%Antofagasta (ANTO) 1,138.00p -1.47%RSA Insurance Group (RSA) 126.90p -1.32%