FTSE 100 movers: Oil majors gush higher again; Persimmon goes ex-div.


London’s FTSE 100 was down 0.3% at 8,817.47 in afternoon trade on Thursday as the Bank of England stood pat on interest rates, as expected.

Persimmon

Source: Sharecast

Oil majors BP and Shell gushed higher again.

Matt Britzman, senior equity analyst at Hargreaves Lansdown, said: "Oil prices are in a holding pattern as markets wait for clarity on possible US involvement in the Israel-Iran conflict. While the White House stayed vague after President Trump met with advisers, any direct action could escalate tensions and threaten vital energy routes like the Strait of Hormuz.

"Despite the pullback, prices remain near five-month highs, supported by ongoing geopolitical risk and the Fed’s signal of potential rate cuts later this year."

Elsewhere, Vodafone advanced as it announced the appointment of Pilar Lopez as chief financial officer designate effective 1 October. She will succeed Luka Mucic, whose departure was announced in May.

On the downside, Persimmon and United Utilities both lost ground as they traded without entitlement to the dividend.

FTSE 100 - Risers

Melrose Industries (MRO) 502.80p 3.41%
BP (BP.) 391.95p 1.41%
Pearson (PSON) 1,086.00p 1.35%
Bunzl (BNZL) 2,246.00p 1.08%
Vodafone Group (VOD) 76.04p 1.06%
Centrica (CNA) 167.80p 0.87%
Shell (SHEL) 2,688.50p 0.81%
BT Group (BT.A) 190.75p 0.74%
Tesco (TSCO) 403.70p 0.72%
Mondi (MNDI) 1,196.50p 0.67%

FTSE 100 - Fallers

Persimmon (PSN) 1,324.50p -3.11%
Anglo American (AAL) 2,031.00p -2.82%
Antofagasta (ANTO) 1,710.50p -2.76%
United Utilities Group (UU.) 1,140.50p -2.60%
CRH (CDI) (CRH) 6,504.00p -2.49%
Airtel Africa (AAF) 172.50p -2.32%
3i Group (III) 4,048.00p -2.25%
International Consolidated Airlines Group SA (CDI) (IAG) 312.80p -2.10%
Glencore (GLEN) 283.45p -2.01%
Rio Tinto (RIO) 4,165.50p -1.77%

FTSE 250 - Risers

Syncona Limited NPV (SYNC) 94.00p 5.62%
Ferrexpo (FXPO) 48.85p 3.50%
Ocean Wilsons Holdings Ltd. (OCN) 1,610.00p 1.90%
IntegraFin Holding (IHP) 299.00p 1.70%
Harbour Energy (HBR) 209.20p 1.16%
B&M European Value Retail S.A. (DI) (BME) 273.10p 1.11%
Ithaca Energy (ITH) 173.30p 1.11%
Elementis (ELM) 154.40p 1.05%
Pennon Group (PNN) 488.00p 0.99%
GCP Infrastructure Investments Ltd (GCP) 73.90p 0.96%

FTSE 250 - Fallers

Hays (HAS) 62.65p -10.75%
NCC Group (NCC) 147.80p -10.42%
Breedon Group (BREE) 384.80p -9.63%
Pagegroup (PAGE) 243.40p -6.67%
XPS Pensions Group (XPS) 354.00p -5.85%
Burberry Group (BRBY) 1,007.00p -4.64%
Fidelity China Special Situations (FCSS) 245.00p -4.48%
Aston Martin Lagonda Global Holdings (AML) 83.50p -3.75%
Hochschild Mining (HOC) 237.00p -3.34%
British Land Company (BLND) 380.60p -3.25%

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