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: Fresnillo shines; Imperial Brands in the red
(Sharecast News) - London's FTSE 100 was up 0.1% at 8,429.01 in afternoon trade on Monday. Precious metals miner Fresnillo was the standout gainer as gold and silver prices jumped.
Neil Wilson, chief market analyst at Finalto, said: "Gold hit a fresh all-time high and silver jumped to $32, its highest in 11 years. Expectations the Fed will cut rates soon is helping but real rates are nothing like as low as they once were. There is a clear geopolitical premium since October 7th and the death of the Iranian president may have driven some news-flow-based trade - bound to be some of that involved overnight.
"More importantly perhaps China has been a big buyer as the PBOC cuts Treasury holdings in favour of gold. Silver - I wondered last week if the meme stock resurfacing would prompt a move as it did in 2021 - cannot discount it, or at least shorts closing out in fear. It's also because of the move in gold and closing the gap in the gold silver ratio."
Budget airline easyJet flew lower after peer Ryanair reported higher annual profits but warned that summer airfares would be softer than anticipated. Profit after tax climbed 34%to €1.9bn in the 12 months to March 30 as demand rose 9% to 184 million passengers. Revenue jumped 25% to €13.4bn.
Imperial Brands fell after Jefferies lifted its target price on the shares following a strong set of first-half results but maintained a 'hold' rating, saying that pressures are building for the company.
FTSE 100 - Risers
Fresnillo (FRES) 640.00p 4.07% Weir Group (WEIR) 2,190.00p 3.30% Rolls-Royce Holdings (RR.) 430.80p 3.04% Entain (ENT) 741.60p 2.71% Centrica (CNA) 147.15p 1.80% Kingfisher (KGF) 264.90p 1.65% JD Sports Fashion (JD.) 123.50p 1.65% Ashtead Group (AHT) 5,854.00p 1.56% Haleon (HLN) 333.20p 1.28% Lloyds Banking Group (LLOY) 56.22p 1.26%
FTSE 100 - Fallers
easyJet (EZJ) 475.80p -3.06% Sage Group (SGE) 1,078.00p -2.53% Burberry Group (BRBY) 1,076.50p -2.14% Compass Group (CPG) 2,227.00p -1.29% Prudential (PRU) 809.00p -1.25% Scottish Mortgage Inv Trust (SMT) 877.20p -1.15% Frasers Group (FRAS) 818.50p -1.15% Reckitt Benckiser Group (RKT) 4,547.00p -1.00% Imperial Brands (IMB) 1,946.00p -0.99% Ocado Group (OCDO) 359.80p -0.91%
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.
