Sector movers: Banks dominate

6th Aug 2009 13:29

This week's well-received results from Lloyds, Barclays and HSBC continue to keep buyers active. All three are sharply higher Thursday, sending Banks to the top of the tree.Royal Bank of Scotland is also better ahead of tomorrow's interim results.Unilever has given Food Producers & Processors a big boost. Shares in the maker of Surf washing powder and Knorr soups are up about 7% despite a slip in Q2 profits.But price-cutting and new products had sales up to a better than expected €10.46bn between April and June from €10.37bn a year ago.Pharmaceuticals & Biotechnology plays are out of favour though as investors focused their attention elsewhere. GlaxoSmithKline and AstraZeneca are weaker. Top performing sectors so far todayBanks 4,901.99 +5.76%Food Producers & Processors 4,055.93 +4.43%Real Estate 1,918.45 +2.93%Life Insurance 3,315.92 +2.86%Industrial Metals 4,967.10 +2.64%Bottom performing sectors so far todayPharmaceuticals & Biotechnology 7,885.00 -0.62%Forestry & Paper 2,926.58 -0.44%Gas, Water & Multiutilities 3,426.07 -0.19%Food & Drug Retailers 4,291.38 -0.16%