Friday July 25, 12:43 PM
Sector movers: Life insurers down
LONDON (ShareCast) - A profit warning from German insurance giant Munich Re has sparked selling in the life insurance sector, with Legal & General the worst performing blue-chip, with Aviva (LSE: AV.L
- news) and Standard Life (LSE: SL.L - news) not far behind.Oil futures continuing to rise for the second day has given oil and gas producers a boost. AS a result, BG Group (LSE: BG.L - news) , BP (LSE: BP.L - news) , Tullow Oil (Dublin: TQW.IR - news) , Cairn Energy (LSE: CNE.L - news) and Royal Dutch Shell (LSE: RDSB.L - news) are the top five risers of the day so far. Miners were also posting minimal gains. BHP Billiton (LSE: BLT.L - news) advanced after it agreed to spend US$625m of its own money on the full field development of the Turrum oil and gas field in the Gippsland Basin, offshore Victoria. Top performing sectors so far today
Oil & Gas Producers 7,565.80 +1.78%
Chemicals 4,800.10 +0.22%
Electricity 7,769.50 +0.21%
Mining 21,687.00 +0.07%
Aeronautics and Defence NULL 0.00% Bottom performing sectors so far today
Life Insurance (LINS.PK - news) 3,878.00 -5.38%
Real Estate 2,776.30 -4.26%
Insurance (non-life) 1,083.30 -4.24%
General Financial 6,563.20 -4.11%
General Retailers 1,219.10 -3.71%
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