Temporary power and temperature control firm Aggreko was the best performer of the day after winning contracts to supply122 MW of gas-fuelled power to utilities in Mozambique and Namibia from its facility at Ressano Garcia in Mozambique, the largest cross-border interim power plant in the world. Jefferies said that contract win is 'very helpful for sentiment and applies upside risk to FY14F consensus earnings'. [14 Mar '13]
The mining sector in London was lower across the board on Thursday, weighed down by concerns over inflation in China after the country's central bank hinted that it was willing to tighten monetary policy in an effort to contain prices. [14 Mar '13]
Disappointing production data from the Eurozone dampened stocks on Wednesday morning in London, but a better-than-expected reading of US retail sales saw markets rally off their lows in afternoon trade. [13 Mar '13]
Prudential was the strongest riser after posting a 25 per cent increase in its annual operating profits, saying its performance was largely driven by its "sweet-spot" markets including Indonesia, Singapore, Malaysia, the Philippines and Thailand. [13 Mar '13]
Datafeed and UK data supplied by NETbuilder and Interactive Data.
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