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(Sharecast News) - London's FTSE 100 was up 0.6% at 9,596.29 in afternoon trade on Tuesday.
B&Q owner Kingfisher shot to the top of the index as it upgraded its full-year outlook despite market conditions softening in the UK and Poland during the third quarter.
Profit guidance was lifted to between £540m to £570m, from £480m to £540m.
Lloyds, NatWest and Barclays rallied after the Financial Times reported that Chancellor Reeves was preparing to spare the sector from a tax raid in Wednesday's Budget.
On the downside, insurer Beazley tanked as it cut its forecast for growth in full-year insurance written premiums to flat to low single digits. In first-half results in August, the company had guided to FY premium growth of low-to-mid single digits.
Intertek slumped after group organic growth for July to October came in slightly weaker than expected at 4.1%, versus consensus of 4.5%.
Low cost airline easyJet flew lower even as it upgraded forecasts for its holiday division after posting a 9% rise in full-year pre-tax earnings to a better-than-expected £655m.
Catering firm Compass fell despite reporting strong underlying sales growth in the fiscal year to 30 September, driven by a solid performance in North America and good client retention.
FTSE 100 - Risers
Kingfisher (KGF) 307.80p 5.27%
Airtel Africa (AAF) 309.00p 4.53%
Metlen Energy & Metals (MTLN) 44.53p 3.31%
Antofagasta (ANTO) 2,671.00p 2.97%
Lloyds Banking Group (LLOY) 89.86p 2.84%
NATWEST GROUP (NWG) 598.40p 2.64%
Barratt Redrow (BTRW) 386.70p 2.19%
Anglo American (AAL) 2,791.00p 2.05%
Vodafone Group (VOD) 92.16p 1.97%
Barclays (BARC) 408.35p 1.93%
FTSE 100 - Fallers
Beazley (BEZ) 782.50p -9.01%
Intertek Group (ITRK) 4,652.00p -4.48%
easyJet (EZJ) 464.30p -3.35%
Compass Group (CPG) 2,380.00p -2.82%
Auto Trader Group (AUTO) 639.40p -2.08%
Fresnillo (FRES) 2,448.00p -2.00%
Pearson (PSON) 990.00p -1.69%
JD Sports Fashion (JD.) 72.64p -1.25%
Severn Trent (SVT) 2,767.00p -1.18%
Standard Chartered (STAN) 1,588.00p -1.15%