TechMARK movers: Smith & Nephew repairs share price

5th Nov 2010 13:19

Strong sales of artificial joints wound care products have boosted the share price of Smith & Nephew. Revenues in the quarter to September 2010 rose by 4% to $941m, while pre-tax profit rose to $201m from $173m. Shares in Cable & Wireless Communications are recovering following the announcement that chief executive Tony Rice invested nearly £500,000 in the telecoms company's shares. Rolls-Royce continues to fall as Qantas points the finger at the aeroengine manufacturer following the failure of one of its engines on a A380 super jumbo. Qantas believes it was "a material failure or some kind of design issue". The scheme of arrangement that sets up a new company following the merger of AEA Technology and Eastern Research Group has gone through and AEA Technology Group started trading today. FTSE TechMARK - RisersAsterand (ATD) 11.75p +9.30%Smith & Nephew (SN.) 594.00p +6.36%Cable & Wireless Communications (CWC) 49.64p +5.64%Spirent Communications (SPT) 156.70p +4.12%ARM Holdings (ARM) 348.70p +2.89%GlaxoSmithKline (GSK) 1,257.00p +2.40%Oxford Biomedica (OXB) 9.70p +2.00%Kofax (KFX) 285.00p +1.79%Anite (AIE) 53.25p +1.43%Phoenix IT Group (PNX) 251.75p +1.31%FTSE TechMARK - FallersAEA Technology Group (AAT) 5.75p -6.20%NXT (NTX) 4.13p -5.71%Cobham (COB) 200.60p -3.56%ProStrakan Group (PSK) 71.00p -3.40%Rolls-Royce Group (RR.) 600.50p -3.38%KCOM Group (KCOM) 48.00p -2.04%QinetiQ Group (QQ.) 101.90p -1.83%Torotrak (TRK) 21.25p -1.16%Ark Therapeutics Group (AKT) 4.60p -1.08%Corin Group (CRG) 48.25p -0.52%