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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 100 movers: 3i Group rallies again; oil giants gush lower

(Sharecast News) - London's FTSE 100 was 0.7% higher at 10,717.09 in afternoon trade on Friday. 3i Group was a high riser again, having said on Thursday that its largest holding, Dutch discount retailer Action, delivered a strong financial performance in the first quarter. The stock was also boosted after UBS raised its target price to 3,200p from 2,900p.

Patrick Munnelly at Tickmill Group said; "The upgrade provided another stock-specific catalyst for financials and supported the broader market advance."

Relx ticked up, having gained a day earlier as the provider of information-based analytics and decision tools reaffirmed its full-year outlook and posted a rise in first-half revenue and profit.

On the downside, oil giants BP and Shell gushed lower as oil prices eased back after Brent crude breached $100 a barrel for the first time since May.

FTSE 100 - Risers

JD Sports Fashion (JD.) 88.36p 3.32% 3i Group (III) 2,749.00p 2.84% Computacenter (CCC) 4,834.00p 2.72% International Consolidated Airlines Group SA (CDI) (IAG) 433.50p 2.70% Pershing Square Holdings Ltd NPV (PSH) 3,742.00p 2.64% Weir Group (WEIR) 2,608.00p 2.59% The Sage Group (SGE) 842.00p 2.48% Anglo American (AAL) 3,718.00p 2.42% Rolls-Royce Holdings (RR.) 1,389.60p 2.27% Relx plc (REL) 2,503.00p 2.20%

FTSE 100 - Fallers

Airtel Africa (AAF) 335.40p -3.01% BT Group (BT.A) 190.25p -1.81% BP (BP.) 545.50p -1.76% Vodafone Group (VOD) 114.40p -1.51% Shell (SHEL) 3,298.50p -1.36% SSE (SSE) 2,420.00p -0.82% Babcock International Group (BAB) 1,126.50p -0.79% Rentokil Initial (RTO) 426.50p -0.65% Centrica (CNA) 160.60p -0.50% Marks & Spencer Group (MKS) 377.90p -0.47%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.