Sector movers: Crude rise lifts oil stocks

16th Oct 2009 13:30

With crude seemingly heading towards the $78 a barrel mark, big name oil companies such as BP and Shell move higher and the sector is one of today's best performers.Personal goods stocks are led lower by the maker of luxury items such as handbags and raincoats, Burberry. The firm has run into profit-taking after posting good gains during the past two days following an upbeat trading statement on Wednesday. It reported a better-than-expected 5% rise in second quarter sales thanks to a good performance in Europe and Asia. Top performing sectors so far todayHealth Care Equipment & Services 2,982.56 +1.53%Construction & Materials 3,643.85 +1.23%Oil & Gas Producers 7,991.81 +1.23%Automobiles & Parts 2,831.40 +1.00%Chemicals 4,322.21 +0.89%Bottom performing sectors so far todayForestry & Paper 3,708.58 -2.66%Personal Goods 9,802.19 -2.30%Life Insurance 4,117.80 -1.82%Mining 18,925.27 -1.57%Mobile Telecommunications 3,071.65 -1.53%