Sector movers: Miners rise to the top

RELATED QUOTES

SymbolPriceChange
CEE.TO0.98-0.0400
ABG.L259.10+6.40
MOBILTEL.BO3.65+0.02

LONDON (ShareCast) - Miners led the way in the mid-week session as Egypt-focused gold mining and exporting company Centamin (Toronto: CEE.TO - news) jumped 14%.

The firm reported record production at its Sukari Gold Mine for the final quarter of 2012.

During the three month period gold production totalled 85,543 ounces, up 45% on the same period the previous year and 40% higher than in the third quarter.

This brought full year production to 262,958, a 30% increase on 2011 and above guidance of 250,000 ounces.

Hot on Centamin's heals was African Barrick Gold (LSE: ABG.L - news) , which rose over 6%.

But this came on the back of Tuesday's slump, when news emerged that it would not be sold to a Chinese firm.

Top performing sectors so far today
Industrial Metals & Mining 2,995.19 +2.98%
Banks 4,764.92 +2.61%
Technology Hardware & Equipment 1,003.47 +1.91%
Mobile Telecommunications (BSE: MOBILTEL.BO - news) 3,867.53 +1.86%
Automobiles & Parts 5,496.79 +1.64%

Bottom performing sectors so far today
Food & Drug Retailers 4,195.72 -0.94%
Industrial Transportation 2,485.00 -0.88%
Food Producers & Processors 6,467.74 -0.44%
Industrial Engineering 8,313.88 -0.43%
Real Estate Investment Trusts 2,247.16 -0.28%

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