MARKET REPORT: Shares rise in luxury fashion group Burberry
INVESTORS checked in at Inter-Continental Hotels Group, up 63p to 2737p, as dealers talked up bid interest in the Holiday Inn and Crowne Plaza operator.
Luxury brands group Burberry rose 49p to 1792p as JPMorgan Cazenove raised its earnings forecasts ahead of a trading update next week.
Buy support from Citigroup with a 3300p target lifted subprime lender Provident Financial 90p to 2880p, but life and pensions giant Standard Life was 8½p poorer at 473¾p as its shares traded without the right to the latest dividend.
Temporary power supplier Aggreko fell 52p to 1543p amid concerns over its operations in Yemen, where rival APR Energy, down 18½p to 358½p, has ceased operations due to escalating conflict.
A potentially major oil discovery near Gatwick airport pumped up UK Oil & Gas 1.87p to 2.98p, while partners Alba Mineral Resources and Solo Oil jumped 0.47p to 0.83p and 0.15p to 0.73p.
A contract to supply its iTrack mining tyre monitoring systems to a fleet of large haul trucks in Chile boosted Transense Technologies 0.18p to 1.3p.
