Skip Header
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: Energy firms gush higher; Auto Trader lifted by upgrade

(Sharecast News) - London's FTSE was up 1.1% at 7,249.41 in afternoon trade on Monday. Energy firms Harbour Energy, BP and Shell all gushed higher as oil prices rose amid supply concerns. AJ Bell investment director Russ Mould said: "Oil supplies have been watched closely in recent weeks amid concerns about a slowdown in the global economy.

"Fundamentally supplies continue to be tight and there is still enough economic activity to stop oil prices slumping. However, lingering recession fears could act as a ceiling on the oil price so we might not see the black stuff race ahead in value too much from current levels."

Auto Trader was also in the black, with traders pointing to an upgrade to 'buy' at Peel Hunt.

FTSE 100 - Risers

Harbour Energy (HBR) 347.00p 4.33% BP (BP.) 399.85p 3.99% Shell (SHEL) 2,194.00p 3.44% Glencore (GLEN) 439.25p 3.03% Endeavour Mining (EDV) 1,687.00p 2.93% Auto Trader Group (AUTO) 557.40p 2.80% Hikma Pharmaceuticals (HIK) 1,663.00p 2.56% BT Group (BT.A) 190.05p 2.54% London Stock Exchange Group (LSEG) 7,734.00p 2.33% Mondi (MNDI) 1,484.00p 1.96%

FTSE 100 - Fallers

Ocado Group (OCDO) 791.60p -2.75% JD Sports Fashion (JD.) 114.85p -2.38% Intermediate Capital Group (ICP) 1,294.50p -1.67% International Consolidated Airlines Group SA (CDI) (IAG) 107.10p -1.60% 3i Group (III) 1,086.00p -1.45% Dechra Pharmaceuticals (DPH) 3,460.00p -1.09% Entain (ENT) 1,239.50p -1.04% Coca-Cola HBC AG (CDI) (CCH) 1,846.00p -0.99% Ashtead Group (AHT) 3,504.00p -0.93% Scottish Mortgage Inv Trust (SMT) 722.80p -0.88%

Share this article

Related Sharecast Articles

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.
FTSE 250 movers: Aston Martin leads risers, Mitchells & Butlers drops
(Sharecast News) - Aston Martin, easyJet and oil stocks were among the day's better performers on the FTSE 250, while Capital Gearing Trust and Mitchells & Butlers fell sharply.
FTSE 100 movers: Segro, 3i Group surge; Centrica in the red
(Sharecast News) - London's FTSE 100 was down 0.8% at 10,635.14 in afternoon trade on Thursday.
FTSE 100 movers: Segro surges on final Prologis offer; Babcock gains
(Sharecast News) - London's FTSE 100 was 1.5% higher at 10,744.89 in afternoon trade on Wednesday.

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.