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(Sharecast News) - London's FTSE 100 was flat at 7,692.41 in afternoon trade on Tuesday.
GSK gained ground as it announced the acquisition of Aiolos, a clinical-stage biopharmaceutical company focused on treatment of respiratory and inflammatory conditions, for up to $1.4bn.
B&M European Value Retail was in the black as it reiterated its full-year guidance, declared a special dividend, and posted a 5% jump in third-quarter sales.
The discount retailer said it still expects group adjusted EBITDA of between £620m and £630m for FY24, up from £573m a year earlier.
In an update for the 13 weeks to 23 December, the company said group revenues jumped 5% to £1.65bn. However, this was a slowdown from the 6.2% growth seen in the first half.
St James's Place was under the cosh after Jupiter Fund Management warned that net outflows for 2023 would be higher than expected.
FTSE 100 - Risers
Hikma Pharmaceuticals (HIK) 1,886.00p 1.29%
BP (BP.) 466.50p 1.09%
GSK (GSK) 1,565.80p 1.08%
Reckitt Benckiser Group (RKT) 5,574.00p 1.05%
BAE Systems (BA.) 1,157.00p 1.05%
Rolls-Royce Holdings (RR.) 308.30p 1.02%
F&C Investment Trust (FCIT) 940.00p 0.97%
Scottish Mortgage Inv Trust (SMT) 768.80p 0.84%
B&M European Value Retail S.A. (DI) (BME) 566.20p 0.78%
AstraZeneca (AZN) 10,848.00p 0.71%
FTSE 100 - Fallers
Beazley (BEZ) 533.50p -3.35%
RS Group (RS1) 766.80p -2.52%
JD Sports Fashion (JD.) 116.65p -2.26%
Ocado Group (OCDO) 719.00p -2.10%
Intermediate Capital Group (ICP) 1,575.50p -2.05%
Marks & Spencer Group (MKS) 285.20p -1.82%
Kingfisher (KGF) 226.90p -1.82%
WPP (WPP) 757.40p -1.79%
Flutter Entertainment (CDI) (FLTR) 13,240.00p -1.74%
St James's Place (STJ) 636.80p -1.70%