FTSE 100 movers: StanChart jumps on US court ruling; miners fall.


London’s FTSE 100 was 0.2% higher at 9,327.34 in afternoon trade on Friday.

Standard Chartered

Source: Sharecast

Standard Chartered jumped to the top of the index after the bank welcomed what it described as a favourable filing from the US Department of Justice in a long-running civil case involving allegations of sanctions breaches.

The bank said the DoJ’s latest position in the so-called ‘Brutus’ case confirmed that the claims, first brought by a former employee and his associates more than a decade ago, were "false" and repeatedly dismissed by US courts.

Housebuilders Berkeley and Persimmon were also in the black, having slumped earlier in the week after a hotter-than-expected UK consumer price inflation reading for July spelled bad news for mortgages.

On the downside, heavily-weighted miners fell, with Anglo American, Antofagasta and Glencore all lower.

FTSE 100 - Risers

Standard Chartered (STAN) 1,417.00p 4.19%
Airtel Africa (AAF) 218.00p 1.77%
Pershing Square Holdings Ltd NPV (PSH) 4,262.00p 1.33%
Smurfit Westrock (DI) (SWR) 3,273.00p 1.08%
Scottish Mortgage Inv Trust (SMT) 1,081.00p 0.93%
Hikma Pharmaceuticals (HIK) 1,837.00p 0.88%
Berkeley Group Holdings (The) (BKG) 3,744.00p 0.86%
Persimmon (PSN) 1,111.50p 0.77%
BAE Systems (BA.) 1,771.00p 0.65%
International Consolidated Airlines Group SA (CDI) (IAG) 388.30p 0.65%

FTSE 100 - Fallers

Anglo American (AAL) 2,156.00p -1.15%
Rightmove (RMV) 767.80p -1.03%
Coca-Cola HBC AG (CDI) (CCH) 3,904.00p -1.01%
Antofagasta (ANTO) 2,118.00p -0.84%
Prudential (PRU) 999.20p -0.77%
Admiral Group (ADM) 3,652.00p -0.71%
Associated British Foods (ABF) 2,314.00p -0.69%
Glencore (GLEN) 290.35p -0.68%
Tesco (TSCO) 429.00p -0.58%
British American Tobacco (BATS) 4,368.00p -0.57%

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.