Sector movers: Renishaw gives electronics a boost

9th Sep 2010 14:40

Precision engineer Renishaw is boosting the electronic and electrical equipment sector after saying trading in the first two months of the new financial year has been very positive after particularly strong demand from Japan and the rest of Asia.Banks are going well after Yves Mersch, a member of the European Central Bank's Governing Council, said that the eurozone is heading for a sustainable recovery which means that it may be able to remove some support measures.Barclays leads the sector higher, winning back some of the losses it posted after saying Bob Diamond, currently the head of Barclays Capital, is taking over as chief executive.Top performing sectors so far todayTechnology Hardware & Equipment 586.53 +3.66%Electronic & Electrical Equipment 2,229.37 +3.41%Automobiles & Parts 3,584.25 +3.02%Mining 21,875.79 +2.71%Banks 5,124.09 +2.56%Bottom performing sectors so far todayFixed Line Telecommunications 1,954.67 -0.19%