FTSE 100 movers: Fresnillo, BP in the black.


London’s FTSE 100 was down 0.4% at 8,937.09 in afternoon trade on Friday.

Fresnillo Saucito mine

Source: Sharecast

Precious metals miner Fresnillo was the top riser on the index as gold and silver prices advanced amid trade tensions.

BP gained even as it said that second-quarter earnings would be hit by weaker oil and gas prices, despite a rise in reported upstream production compared to the previous three months.

Dan Coatsworth, investment analyst at AJ Bell, said: "A big slump in the oil price following Trump’s Liberation Day tariff plan has done no favours to BP. It has flagged up to $1.5 billion of potential asset impairments, despite ramping up production in the second quarter.

"The market doesn’t seem too fussed, instead focusing on good news from its oil trading business and higher refining margins.

"BP is in a new era of focusing more on oil and gas and less on renewables, so it needs to prove to the market that the business is doing the best it can.

"Takeover rumours aren’t going away and each pocket of bad news in its results, no matter how small, will stoke the fires and drive speculation that it remains vulnerable to a bid."

FTSE 100 - Risers

Fresnillo (FRES) 1,508.00p 2.94%
BP (BP.) 398.00p 2.38%
Phoenix Group Holdings (PHNX) 645.00p 1.26%
Aviva (AV.) 624.00p 1.23%
BAE Systems (BA.) 1,898.00p 1.12%
Admiral Group (ADM) 3,274.00p 1.11%
British American Tobacco (BATS) 3,748.00p 1.11%
Entain (ENT) 949.40p 0.96%
Hiscox Limited (DI) (HSX) 1,238.00p 0.90%
Rolls-Royce Holdings (RR.) 983.40p 0.82%

FTSE 100 - Fallers

WPP (WPP) 419.50p -3.21%
JD Sports Fashion (JD.) 87.88p -3.02%
Croda International (CRDA) 2,971.00p -2.91%
Ashtead Group (AHT) 4,792.00p -2.60%
Spirax Group (SPX) 6,185.00p -2.37%
Smith & Nephew (SN.) 1,131.00p -2.12%
Bunzl (BNZL) 2,294.00p -1.97%
Diageo (DGE) 1,910.50p -1.93%
Kingfisher (KGF) 275.90p -1.92%
Whitbread (WTB) 3,023.00p -1.91%

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