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: Informa rallies on guidance upgrade; Halma heads lower
(Sharecast News) - London's FTSE 100 was up 0.2% at 7,621.06 in afternoon trade on Thursday. Informa was a high riser as the events organiser lifted its full-year profit and revenue outlook, citing strong performances in all businesses, with revenue now expected to exceed pre-Covid levels.
Pointing to "strong underlying performances combined with portfolio additions", the company upped its adjusted operating profit guidance by 10% to between £750m and £790m, while revenue guidance was boosted 7% to between £2.95bn and £3.05bn.
Halma was in the red as it posted a dip in full-year pre-tax, but lifted its dividend as revenues jumped 21%.
In the 12 months to the end of March, statutory pre-tax profit declined 4% to £291.5m, mainly due to the non-recurrence of a gain on disposal of a Safety Sector business in the prior year. Adjusted pre-tax profit was up 14% to £361.3m.
Revenues rose 21% to a record £1.85bn, with broad-based revenue growth in all sectors and regions.
Melrose Industries fell after chief executive officer Simon Peckham sold 2m shares in the company - half his shareholding - at 524.5p "as a result of a change in personal circumstances".
Legal & General was also down after it announced the appointment of António Simões as chief executive officer.
Simões - who succeeds Sir Nigel Wilson - joins from Banco Santander, where he has been regional head of Europe since September 2020.
Russ Mould, investment director at AJ Bell, said: "The new boss at Legal & General has a hard act to follow. Since Nigel Wilson was appointed to the top job in June 2012, Legal & General shares have outperformed its life insurance peers, Aviva and Prudential, to chalk up a total return of more than 200%.
"Wilson didn't necessarily make a big splash but was busy in the background, turning Legal & General into a more focused and efficient business."
FTSE 100 - Risers
Ocado Group (OCDO) 428.40p 4.72% Informa (INF) 724.40p 2.84% Reckitt Benckiser Group (RKT) 6,010.00p 1.76% Imperial Brands (IMB) 1,770.00p 1.58% Unilever (ULVR) 4,029.00p 1.55% Relx plc (REL) 2,618.00p 1.47% AstraZeneca (AZN) 11,670.00p 1.39% Vodafone Group (VOD) 73.69p 1.17% Shell (SHEL) 2,330.00p 1.11% Haleon (HLN) 322.40p 1.10%
FTSE 100 - Fallers
Halma (HLMA) 2,303.00p -5.19% Melrose Industries (MRO) 505.00p -3.70% Smurfit Kappa Group (CDI) (SKG) 2,838.00p -3.21% NATWEST GROUP (NWG) 257.10p -3.13% Weir Group (WEIR) 1,800.50p -2.86% Legal & General Group (LGEN) 231.30p -2.82% Smith (DS) (SMDS) 306.20p -2.42% Johnson Matthey (JMAT) 1,718.00p -2.41% Bunzl (BNZL) 3,034.00p -2.32% JD Sports Fashion (JD.) 144.95p -2.23%
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.
