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: Hikma surges on new guidance; BP, Shell gush lower

(Sharecast News) - London's FTSE 100 was up 0.2% at 8,599.31 in afternoon trade on Thursday. Shares in Hikma Pharmaceuticals surged to the top of the index as investors welcomed new medium-term guidance from the company.

Alongside a sell-side analysts and investors even at its manufacturing and R&D facility in Columbus, Ohio, the pharmaceuticals firm said that for group revenue, it now expects a three-year compound annual growth rate of 6% to 8% between 2024 and 2027.

For operating profit, it expects a three-year compound annual growth rate of 7% to 9%.

In addition, Hikma said it was introducing a five-year target for group revenue to reach $5bn by 2030.

JD Sports gained following a report that US peer Dick's Sporting Goods is nearing a deal to buy Foot Locker for around $2.3bn.

Aviva gained as the insurer said it was confident in achieving its group targets after a "great start" to 2025, with premiums rising by almost a tenth.

Sage Group slumped even as the enterprise software firm extended its share buyback plan by £200m after a strong first half.

3i Group fell sharply as its full-year total return of £5bn missed market expectations.

Oil giants BP and Shell gushed lower as oil prices slid. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: "Falling oil prices have put pressure on listed energy giants, as concerns about oversupply in the market swirl. Brent Crude has ticked down by more than 3% to trade below $64 a barrel.

"Just as traders were processing data that showed a big surge in US crude stockpiles, the potential for a US-Iran deal is increasing forecasts of a glut in global oil supplies."

FTSE 100 - Risers

Hikma Pharmaceuticals (HIK) 2,056.00p 5.92% JD Sports Fashion (JD.) 93.28p 3.62% National Grid (NG.) 1,050.50p 3.45% Aviva (AV.) 590.20p 3.18% Compass Group (CPG) 2,618.00p 3.07% International Consolidated Airlines Group SA (CDI) (IAG) 325.50p 2.91% Vodafone Group (VOD) 69.94p 2.34% Smurfit Westrock (DI) (SWR) 3,510.00p 2.33% Beazley (BEZ) 911.00p 2.02% BAE Systems (BA.) 1,735.00p 2.00%

FTSE 100 - Fallers

The Sage Group (SGE) 1,220.00p -4.65% 3i Group (III) 4,061.00p -3.24% BP (BP.) 369.40p -3.04% Admiral Group (ADM) 3,240.00p -2.88% St James's Place (STJ) 1,071.00p -2.33% InterContinental Hotels Group (IHG) 9,058.00p -2.08% Shell (SHEL) 2,466.00p -1.93% WPP (WPP) 596.80p -1.91% DCC (CDI) (DCC) 4,716.00p -1.87% CRH (CDI) (CRH) 7,246.00p -1.82%

Share this article

Related Sharecast Articles

FTSE 100 movers: Fresnillo shines as gold prices rise; Weir falls
(Sharecast News) - London's FTSE 100 was down 0.1% at 9,691.59 in afternoon trade on Friday.
FTSE 250 movers: Ceres slumps on Grizzly report; Zigup goes ex-div
(Sharecast News) - FTSE 250 (MCX) 21,780.72 -0.23%
FTSE 100 movers: Sainsbury's boosted by upgrades; AB Foods goes ex-div
(Sharecast News) - London's FTSE 100 was 0.3% higher at 9,685.72 in afternoon trade on Thursday.
FTSE 100 movers: Pearson boosted by JPM note; BAE Systems falls
(Sharecast News) - London's FTSE 100 was up 0.2% at 9,665.21 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.

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.