FTSE 100 Movers: Unilever rising after strengthened budget

14th Oct 2011 12:39

Consumer goods giant Unilever was on a lot of investors' shopping lists after announcing that it has strengthened its position in emerging markets with the acquisition of Russian beauty company Concern Kalina for RUB21.5bn (£440m).Kalina's main markets are Russia, Ukraine and Kazakhstan. It employs about 1,900 people.Unilever said Concern's brands, such as Silky Hands and Forest Balm, will complement its own portfolio, which includes Dove soap and Timotei shampoo. DIY retailer Kingfisher was heading lower after Oriel Securities downgraded the stock to "reduce" from "hold". FTSE 100 - RisersUnilever (ULVR) 2,122.00p +3.16%Petrofac Ltd. (PFC) 1,352.00p +3.05%GKN (GKN) 195.70p +2.73%Kazakhmys (KAZ) 902.50p +2.73%Xstrata (XTA) 970.00p +2.69%Man Group (EMG) 154.00p +2.67%Rio Tinto (RIO) 3,367.50p +2.56%WPP (WPP) 646.00p +2.46%Weir Group (WEIR) 1,668.00p +2.46%IMI (IMI) 812.50p +2.46%FTSE 100 - FallersGlencore International (GLEN) 429.15p -1.50%Severn Trent (SVT) 1,530.00p -1.23%Lloyds Banking Group (LLOY) 33.85p -1.20%Next (NXT) 2,580.00p -1.11%Kingfisher (KGF) 259.90p -0.91%Diageo (DGE) 1,287.00p -0.66%British American Tobacco (BATS) 2,796.50p -0.62%Inmarsat (ISAT) 472.50p -0.59%Reckitt Benckiser Group (RB.) 3,309.00p -0.48%GlaxoSmithKline (GSK) 1,371.50p -0.47%NR