LONDON (ShareCast) - Oil services group Petrofac (LSE: PFC.L - news) , lifted yesterday by talk it may be taken over, is helping lift the oil
equipment services sector higher.
Velosi (LSE: VELO.L - news) is top of the pile though. The oil rig safety consultant said on Wednesday that it had made a good start to 2009.
Telecommunications stocks are out of favour. BT (LSE: BT-A.L - news) , which yesterday announced it and India's Tata Communications will be sharing their huge resources after signing a "major" global supply agreement for voice services is among the fallers.
Vodafone (LSE: VOD.L - news) leads mobile telecoms stocks lower.
Top performing sectors so far today
Forestry & Paper 2,235.06 +4.27%
Electronic & Electrical Equipment 1,216.04 +2.06%
Chemicals 3,267.67 +1.92%
Industrial Metals 4,122.92 +1.78%
Oil Equipment Services & Distribution 11,918.20 +1.68%
Bottom performing sectors so far today
Fixed Line Telecommunications 1,543.19 -1.28%
Mobile Telecommunications 2,680.54 -0.61%
Life Insurance (LINS.PK - news) 2,843.39 -0.47%
Food & Drug Retailers 4,113.68 -0.30%
Beverages 6,245.38 -0.24%
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