Open an account Help & support Register Account summary Log out
Skip Header
Home Stock market news

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: Melrose gains on GE Aerospace deal; JD Sports in fashion

Mon 06 Nov 2023 14:08

(Sharecast News) - London's FTSE 100 was up 0.3% at 7,442.34 in afternoon trade on Monday. Melrose Industries gained as it signed a new $5bn aftermarket services agreement with engines giant GE Aerospace.

Melrose's GKN Aerospace division is widening its current risk and revenue sharing partnership (RRSP) surrounding GE Aerospace's high-thrust GEnx engine. The new deal will now cover new technology insertion, aftermarket repair of high-volume engines structures, and production of fan cases for a range of GE engines.

Elsewhere, JD Sports Fashion was also up after Citi initiated coverage of the shares at 'buy' as it took a look at European sporting goods.

"We see a significant opportunity for JD Sports to deploy capital, generating returns above its WACC, with cash generation supported by working capital control," it said.

Banks were among the top performers, with Standard Charted, NatWest and HSBC all up.

FTSE 100 - Risers

Melrose Industries (MRO) 506.60p 3.43% Standard Chartered (STAN) 636.00p 2.71% Entain (ENT) 943.40p 2.59% NATWEST GROUP (NWG) 190.50p 1.90% Rolls-Royce Holdings (RR.) 224.90p 1.81% Fresnillo (FRES) 568.00p 1.61% HSBC Holdings (HSBA) 611.20p 1.49% M&G (MNG) 205.60p 1.48% Anglo American (AAL) 2,234.50p 1.20% JD Sports Fashion (JD.) 132.85p 1.14%

FTSE 100 - Fallers

Croda International (CRDA) 4,401.00p -3.44% Unite Group (UTG) 923.50p -2.99% Auto Trader Group (AUTO) 612.20p -2.08% Rightmove (RMV) 460.60p -2.00% SEGRO (SGRO) 768.20p -1.97% Land Securities Group (LAND) 605.00p -1.85% Bunzl (BNZL) 2,870.00p -1.64% DCC (CDI) (DCC) 4,580.00p -1.57% Kingfisher (KGF) 219.20p -1.48% Hargreaves Lansdown (HL.) 739.60p -1.47%

Share this article

Related Sharecast Articles

Fri 24 Jul 2026 14:04
FTSE 100 movers: 3i Group rallies again; oil giants gush lower
(Sharecast News) - London's FTSE 100 was 0.7% higher at 10,717.09 in afternoon trade on Friday.
Thu 23 Jul 2026 14:03
FTSE 250 movers: Aston Martin leads risers, Mitchells & Butlers drops
(Sharecast News) - Aston Martin, easyJet and oil stocks were among the day's better performers on the FTSE 250, while Capital Gearing Trust and Mitchells & Butlers fell sharply.
Thu 23 Jul 2026 14:03
FTSE 100 movers: Segro, 3i Group surge; Centrica in the red
(Sharecast News) - London's FTSE 100 was down 0.8% at 10,635.14 in afternoon trade on Thursday.
Wed 22 Jul 2026 14:26
FTSE 100 movers: Segro surges on final Prologis offer; Babcock gains
(Sharecast News) - London's FTSE 100 was 1.5% higher at 10,744.89 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.

Policies and important information
 

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme

 

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 or Product Summary 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.

© FIL Limited 2026