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: Intertek slumps on results; Rolls-Royce surges again

(Sharecast News) - London's FTSE 100 down 1% at 9,041.51 in afternoon trade on Friday. Intertek slumped as the quality assurance firm reported a resilient first-half performance but also pointed to mounting FX pressures and trimmed growth expectations across several business units.

Rolls-Royce surged for the second day in a row after the aerospace and defence engineer raised its full-year guidance on Thursday following a strong first half.

Educational publisher Pearson gained after it said it was on track to meet full-year forecasts with strong second-half growth as it reported a 2% rise in adjusted half-year operating profit and sales.

The company said earnings for the first six months of the year came in at £242m, while sales on an adjusted basis were also up 2%, at £1.72bn. Pearson added that it expected stronger sales growth in H2 and the fourth quarter in particular.

Melrose Industries advanced after the aerospace technology firm delivered a solid first-half report, with adjusted operating profits up by nearly a third.

FTSE 100 - Risers

Rolls-Royce Holdings (RR.) 1,046.00p 6.02% Pearson (PSON) 1,142.00p 5.73% Melrose Industries (MRO) 532.80p 3.75% Unilever (ULVR) 4,530.00p 2.70% United Utilities Group (UU.) 1,144.00p 1.69% National Grid (NG.) 1,077.50p 1.65% British American Tobacco (BATS) 4,100.00p 1.63% London Stock Exchange Group (LSEG) 9,400.00p 1.60% Mondi (MNDI) 1,046.00p 1.56% Fresnillo (FRES) 1,419.00p 1.50%

FTSE 100 - Fallers

Intertek Group (ITRK) 4,554.00p -7.85% Weir Group (WEIR) 2,522.00p -5.40% Rentokil Initial (RTO) 362.40p -4.51% Barclays (BARC) 354.45p -4.19% Lloyds Banking Group (LLOY) 74.68p -3.73% Flutter Entertainment (DI) (FLTR) 22,310.00p -3.72% Anglo American (AAL) 2,072.00p -3.58% Babcock International Group (BAB) 1,000.00p -3.56% NATWEST GROUP (NWG) 508.20p -3.38% ICG (ICG) 2,110.00p -3.12%

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.