Sector movers: Metal rise boosts miners, Fresnillo shines

13th Oct 2010 12:25

The mining sector is going well today, mainly due to higher metals prices, but some company updates have also impressed.Mexico based precious metals miner Fresnillo is shining after it said silver production reached a record level in the third quarter.Elsewhere in Latin American precious metals, Peruvian mining company Hochschild, up 2% today, has acquired a controlling interest in the Inmaculada project in southern Peru.Burberry is dragging the personal goods sector lower even after underlying sales matched forecasts for the first half and the luxury clothing group predicted full-year profit to be in the top half of the range of estimates.Top performing sectors so far todayMining 24,367.19 +3.26%Oil Equipment, Services & Distribution 22,378.04 +3.15%Industrial Engineering 6,324.90 +2.28%Technology Hardware & Equipment 583.90 +2.27%Automobiles & Parts 4,222.55 +2.09%Bottom performing sectors so far todayHealth Care Equipment & Services 3,135.86 -2.04%Personal Goods 17,483.30 -1.37%Alternative Energy 3,102.41 -1.31%Food & Drug Retailers 5,009.40 -0.50%Electricity 7,009.85 -0.41%