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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Sector movers: Life insurers and aerospace lead gains

(Sharecast News) - Life insurance and aerospace plays fared best at the start of the week. Benefitting the former were supportive comments out of analysts at JP Morgan.

"Following a prolonged period of poor relative performance, we believe it is time to revisit the UK life sub-sector, particularly if we are close to 'peak yields' in the UK," they said in a research report sent to clients.

Aviva was still their "most preferred" stock to play the themes of superior growth potential relative to its European peers and the fact that it offered the highest capital return.

The broker also stayed overweight on Legal & General and Just Group, while upgrading M&G to neutral.

Rolls Royce paced gains in the Aerospace arena, with its shares notching up fresh 52-week highs, boosted by a flood of announcements regarding new jet orders for Airbus and Boeing at the Dubai Air Show.

Top performing sectors so far today

Tobacco 28,266.59 +2.48%

Life Insurance 6,002.22 +2.26%

Aerospace and Defence 7,930.62 +1.53%

Household Goods & Home Construction 11,015.55 +1.33%

Beverages 22,560.38 +1.25%

Bottom performing sectors so far today

Investment Banking and Brokerage Services 13,105.63 -1.12%

Personal Goods 23,852.68 -1.10%

Precious Metals and Mining 8,870.52 -0.89%

Software & Computer Services 2,186.55 -0.37%

Electricity 9,915.19 -0.25%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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