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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: Burberry rises after HSBC lifts PT; SSE goes ex-div

(Sharecast News) - London's FTSE 100 was 0.3% higher at 9,723.55 in afternoon trade on Thursday. Burberry was on the rise after HSBC lifted its price target on the luxury fashion brand.

SSE fell as it traded without entitlement to the dividend.

Drinks giant Diageo was also lower after UBS cut its price target on the stock to 1,850p from 2,250p.

FTSE 100 - Risers

3i Group (III) 3,128.00p 4.30% Spirax Group (SPX) 6,945.00p 3.35% JD Sports Fashion (JD.) 80.96p 3.24% Ashtead Group (AHT) 4,820.00p 2.88% Mondi (MNDI) 878.40p 2.86% Burberry Group (BRBY) 1,208.00p 2.59% Smurfit Westrock (DI) (SWR) 2,724.00p 2.29% WPP (WPP) 292.40p 2.13% Whitbread (WTB) 2,416.00p 1.94% Melrose Industries (MRO) 582.80p 1.89%

FTSE 100 - Fallers

Entain (ENT) 754.60p -3.97% SSE (SSE) 2,183.00p -1.98% International Consolidated Airlines Group SA (CDI) (IAG) 383.60p -1.87% Auto Trader Group (AUTO) 610.60p -1.86% Diageo (DGE) 1,722.00p -1.60% London Stock Exchange Group (LSEG) 8,738.00p -1.47% Airtel Africa (AAF) 314.60p -1.26% Coca-Cola Europacific Partners (DI) (CCEP) 6,880.00p -1.01% AstraZeneca (AZN) 13,568.00p -0.92% Rightmove (RMV) 527.80p -0.86%

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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.