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    August 6, 2007

    House builders see gains

    Filed under: Companies, BAT, Anglo American, Kazakhmys, Rio Tinto, BHP Billiton, Lonmin, Aquarius Platinum, HMV Group, Wm Morrison, Persimmon, Standard Life, Punch Taverns, Ashmore, Taylor Wimpey, Alfred McAlpine, Invesco

    In London on Monday, the FTSE 100 was 0.57 percent lower to 6,189.1 and the FTSE 250 fell 1.67 percent to 10,998.8.

    Standard Life (LSE: SLET) was the biggest gainer on the 100, adding 3.03 percent to 315p on consolidation hopes within the sector.

    Builder Alfred McAlpine (LSE: MCA) did the best on the 250 with a gain of 4.7 percent to 484.5p.

    Other gainers on the session included the house building sector, where Persimmon (LSE: PSN) was up 1.93 percent to £11.64 and Taylor Wimpey (LSE: TW) added 2.18 percent to 339.75p.

    British American Tobacco (LSE: BATS; AMEX: BTI; KLSE: BAT) was 2.4 percent higher to £16.12, while music retailer HMV Group (LSE: HMV) gained 4.7 percent to 118.25p.

    The biggest loser on the day on the 100 was platinum miner Lonmin (LSE: LMI), which fell 4.81 percent to £30.85.

    Aquarius Platinum (LSE: LSE: AQP; ASX:AQP; JSE:AQP) did even worse on the 250, dropping 5.56 percent to £12.90.

    Elsewhere in the mining sector BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) dropped 2.98 percent to £13.33, while Kazakhmys (LSE: KAZ) fell 2.93 percent to £11.94, Anglo American (LSE: AAL) was 2.68 percent lower to £26.85 and Rio Tinto (LSE: RIO) was down 1.33 percent to £32.19.

    Investment trust Ashmore (LSE: ASHM) did the worst on the 250, falling 8 percent to 204p.

    Other decliners on the session included supermarket chain Wm Morrison (LSE: MRW), which dropped 3.6 percent to 274.25p.

    Pubs operator Punch Taverns (LSE: PUB) fell 3.36 percent to £10.36 and investment management group INVESCO (LSE: AVZ; NYSE: IVZ) was 3.15 percent lower to 585p on its exposure to the US housing sector.





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