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Sector movers: Nuclear closures lift electricity shares

Fri, 18th Mar 2011 14:33

Electricity stocks are on the rise as the investors assess the impact of the Japanese nuclear crisis on the UK power sector.Broker Panmure Gordon has said that higher gas and electricity prices - as a result of plant closures in Japan and Germany - would be most obviously positive for Drax, labelling the power provider with a 'buy'.Scottish & Southern Energy is also higher after being issued with a 'buy' by the same broker. "SSE's more flexible hydro and pumped-storage assets could benefit if UK nuclear capacity were to come under threat," says analyst Adam Forsyth.The technology hardware and equipment sector is the worst performing sector today with Toumaz, ARM Holdings and Belgravium Technologies heading the fallers.Top performing sectors so far todayAutomobiles & Parts 4,563.90 +3.17%Electricity 7,629.58 +2.54%Gas, Water & Multiutilities 4,486.60 +2.35%Oil Equipment, Services & Distribution 24,351.67 +2.09%Industrial Metals & Mining 7,901.69 +2.05%Bottom performing sectors so far todayTechnology Hardware & Equipment 706.33 -1.79%Mobile Telecommunications 3,878.11 -0.82%Alternative Energy 3,260.20 -0.57%Forestry & Paper 5,956.56 -0.18%Pharmaceuticals & Biotechnology 8,468.37 -0.16%
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Toumaz Says It Is Trading In Line With Expectations

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20 May 2014 13:33

Toumaz's Frontier Silicon Gains UK Digital Tick Mark

LONDON (Alliance News) - Toumaz Ltd, the low power wireless semiconductor company, said Tuesday that its consumer audio division Frontier Silicon gained UK Digital Tick Mark technology approval. The Digital Tick Mark is part of the UK government's strategy to develop a digital future for ra

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8 May 2014 12:41

Toumaz Signs Distribution Agreements For SensiumVitals In The Middle East

LONDON (Alliance News) - Toumaz Ltd Thursday said its wireless healthcare division, Sensium Healthcare, has signed distribution agreements for its wireless vital signs monitoring system, in five Middle Eastern markets. SensiumVitals is an ultra-low power system for wireless monitoring of pa

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14 Apr 2014 10:30

Toumaz To Preview New Digital Radio Chip And Module

LONDON (Alliance News) - Toumaz Ltd said Monday that it will preview its new Kino 4 digital radio chip, and launch a digital radio module, at the Hong Kong Electronics Fair taking place this week. The new digital radio module was developed with iBiquity Digital Corp, and is based on Toumaz'

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