April 22, 2008 / 2:58 PM / 9 years ago

Centrica jumps 2 percent on Buffett stake talk

LONDON (Reuters) - Shares in British energy firm Centrica (CNA.L) rose as much as 2.5 percent on Tuesday on the back of market talk that Warren Buffett’s Berkshire Hathaway (BRKa.N) investment group was building a stake in the company, traders said.

Centrica shares were last up 2 percent at 306.5 pence a share by 1418 GMT, ranking them among the top percentage gainer on Britain's blue-chip FTSE 100 index .FTSE, which was down 0.3 percent.

Centrica was not immediately available for comment.

(Reporting by Blaise Robinson in Paris and Sitaraman Shankar in London)

Additional reporting by Amanda Cooper and Mike Elliott

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below