Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 100 movers: Burberry bounces on Kering results; Barclays slumps
(Sharecast News) - London's FTSE 100 was up 0.5% at 7,996.46 in afternoon trade on Wednesday, having earlier breached the 8,000 level. Luxury brand Burberry was among the gainers as French peer Kering reversed earlier losses to trade sharply higher following results.
Barclays slid after it said annual profits fell 14%, with provisions for debt impairments increasing as the economy worsened.
The bank posted a pre-tax profit of £7bn in 2022, down from £8.2bn a year earlier and missing estimates of £7.2bn. Credit impairment charges were £1.22bn against a net release of £653m, reflecting "macroeconomic deterioration and a gradual increase in delinquencies".
Lloyds and NatWest also fell.
Hargreaves Lansdown lost ground even as it posted strong growth on both its top and bottom lines at the first half-year stage, despite the impact from "challenging" external conditions and low investor confidence on asset values and stockbroking volumes.
Glencore fell despite announcing a $7.1bn payout to shareholders and reporting record full-year profits.
FTSE 100 - Risers
Entain (ENT) 1,371.00p 3.86% Coca-Cola HBC AG (CDI) (CCH) 2,101.00p 3.09% Burberry Group (BRBY) 2,466.00p 2.54% Flutter Entertainment (CDI) (FLTR) 13,030.00p 2.04% Persimmon (PSN) 1,437.50p 1.99% CRH (CDI) (CRH) 3,927.00p 1.93% Rolls-Royce Holdings (RR.) 110.36p 1.85% Pershing Square Holdings Ltd NPV (PSH) 3,035.00p 1.85% Scottish Mortgage Inv Trust (SMT) 751.80p 1.73% British American Tobacco (BATS) 3,162.00p 1.64%
FTSE 100 - Fallers
Barclays (BARC) 171.26p -8.57% Hargreaves Lansdown (HL.) 868.00p -8.42% Lloyds Banking Group (LLOY) 52.10p -3.14% Glencore (GLEN) 503.80p -2.35% NATWEST GROUP (NWG) 297.90p -2.33% Anglo American (AAL) 3,139.00p -2.30% Fresnillo (FRES) 777.40p -2.04% Rio Tinto (RIO) 5,922.00p -1.60% BT Group (BT.A) 136.35p -1.41% Antofagasta (ANTO) 1,683.50p -1.12%
Share this article
Related Sharecast Articles
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.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
