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: Fresnillo shines; Pershing Square in the red

(Sharecast News) - London's FTSE 100 was down 0.2% at 8,667.30 in afternoon trade on Monday. Precious metals miner Fresnillo was the top gainer as gold prices rallied.

Joshua Mahony, chief market analyst at Rostro, said: "Gold prices are on the rise once again today, as the precious metal builds on the rebound seen after Thursday's low of $3122.

"Prices have gained over $100 since then, and the Moody's downgrade does highlight the reasoning behind the move away from US treasuries and towards gold."

Airlines flew higher in tandem with Ryanair, which gained on the back of results. EasyJet and BA and Iberia owner IAG both rose.

On the downside, stocks that are particularly exposed to the US were the worst performers on the index, with Pershing Square Holdings, Scottish Mortgage Investment Trust, Flutter and Ashtead all weaker.

FTSE 100 - Risers

Fresnillo (FRES) 1,019.00p 1.90% easyJet (EZJ) 551.80p 1.66% Vodafone Group (VOD) 72.36p 1.66% Tesco (TSCO) 368.60p 1.57% Games Workshop Group (GAW) 15,620.00p 1.30% International Consolidated Airlines Group SA (CDI) (IAG) 327.10p 1.24% Marks & Spencer Group (MKS) 359.10p 1.18% Imperial Brands (IMB) 2,732.00p 1.04% Centrica (CNA) 150.75p 0.94% BT Group (BT.A) 167.30p 0.66%

FTSE 100 - Fallers

Pershing Square Holdings Ltd NPV (PSH) 3,680.00p -3.11% Scottish Mortgage Inv Trust (SMT) 988.20p -2.21% Flutter Entertainment (DI) (FLTR) 18,330.00p -2.14% Antofagasta (ANTO) 1,785.50p -1.95% Ashtead Group (AHT) 4,286.00p -1.94% Halma (HLMA) 2,946.00p -1.80% JD Sports Fashion (JD.) 91.10p -1.77% Land Securities Group (LAND) 592.50p -1.74% Spirax Group (SPX) 5,990.00p -1.72% InterContinental Hotels Group (IHG) 8,922.00p -1.68%

Share this article

Related Sharecast Articles

FTSE 250 movers: GB Group tanks, Raspberry Pi surges
(Sharecast News) - FTSE 250 (MCX) 23,335.03 0.38%
FTSE 250 movers: easyJet, Bluefield up on bid talk; Pan African slumps on outlook
(Sharecast News) - FTSE 250 (MCX) 23,378.13 -0.20%
FTSE 100 movers: BP and Shell gush higher as oil extends gains; defence firms slump
(Sharecast News) - London's FTSE 100 was down 0.9% at 10,320.81 in afternoon trade on Monday, sliding on news that Iran has suspended peace talks with the US.
FTSE 250 movers: Ocado surges on Asda deal; retailers hit by downgrades
(Sharecast News) - London's FTSE 250 was up 0.5% at 23,449.04 in afternoon trade on Friday.

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.