FTSE 100 movers: IHG boosted by broker note; miners slump.


London’s FTSE 100 was down 0.1% at 10,227.78 in afternoon trade on Friday.

InterContinental Hotels Group

Source: Sharecast

InterContinental Hotels gained after an initiation at ‘outperform’ by CICC.

Defence firms BAE Systems and Rolls-Royce rallied as Nato personnel from a number of European countries landed in Greenland for an exercise after Trump restated his desire to own the island.

Neil Wilson, UK investor strategist at Saxo Markets, said it was "hardly a show of force, but a reminder of what’s at stake here".

The gains also came amid news the UK will open a business centre in Kyiv this year to help defence start-ups send more military hardware into Ukraine.

On the downside, miners Anglo American, Antofagasta, Glencore and Rio Tinto all fell as copper prices lost ground on reports that Chinese regulators have ordered exchanges to remove servers operated by high frequency traders from their data centres.

FTSE 100 - Risers

Hikma Pharmaceuticals (HIK) 1,600.00p 2.43%
InterContinental Hotels Group (IHG) 138.95p 1.76%
British Land Company (BLND) 411.20p 1.73%
Smiths Group (SMIN) 2,600.00p 1.48%
Schroders (SDR) 464.40p 1.31%
Land Securities Group (LAND) 649.00p 1.17%
BAE Systems (BA.) 2,064.00p 1.13%
Rolls-Royce Holdings (RR.) 1,286.50p 1.06%
St James's Place (STJ) 1,521.50p 1.03%
Marks & Spencer Group (MKS) 367.00p 0.96%

FTSE 100 - Fallers

Pearson (PSON) 942.80p -3.66%
Anglo American (AAL) 3,206.00p -3.43%
Antofagasta (ANTO) 3,557.00p -2.95%
Next (NXT) 13,565.00p -2.83%
Glencore (GLEN) 478.10p -2.63%
Rio Tinto (RIO) 6,314.00p -2.38%
Entain (ENT) 710.40p -2.26%
Metlen Energy & Metals (MTLN) 43.70p -2.24%
Pershing Square Holdings Ltd NPV (PSH) 4,666.00p -1.73%
Games Workshop Group (GAW) 18,720.00p -1.47%

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.