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 surges; LSEG slumps on potential acquisition

Tue 13 Oct 2026 14:57

(Sharecast News) - London's FTSE 100 was 0.1% higher at 10,666.40 in afternoon trade on Tuesday.

Melrose shot to the top of the index as it said its GKN Aerospace unit had reached a $125m settlement with authorities in California relating to a chemical incident in May and that it continues to expect a phased return to full capacity at the site during the fourth quarter.

NatWest was a high riser after Barclays upgraded the shares to 'overweight' from 'equalweight' and lifted the price target to 850p from 740p.

B&Q and Castorama owner Kingfisher gained as it appointed Sebastian Gundel as its new chief executive officer with effect from 1 February 2027.

The company said Gundel brings more than two decades of leadership experience in the home improvement sector, including as CEO of European home improvement retailer OBI, where he led the company's evolution from traditional retail to a "digitally enabled, customer-centric, omnichannel business".

London Stock Exchange Group lost ground as it confirmed it is in talks with Permira about the potential purchase of Octus for around $3.5bn.

Balfour Beatty fell after it agreed to sell its 50% interest in Hong Kong-based contractor Gammon Construction to joint venture partner Jardine Matheson Holdings for £250m in cash.

FTSE 100 - Risers

Melrose Industries (MRO) 468.70p 4.54% WPP (WPP) 392.40p 4.01% JD Sports Fashion (JD.) 88.24p 3.15% BP (BP.) 603.10p 2.72% NATWEST GROUP (NWG) 670.00p 2.61% Diageo (DGE) 1,708.50p 2.51% Kingfisher (KGF) 326.70p 2.44% Autotrader Group (AUTO) 506.80p 2.20% Croda International (CRDA) 3,490.00p 2.19% British Land Company (BLND) 400.40p 2.09%

FTSE 100 - Fallers

London Stock Exchange Group (LSEG) 8,368.00p -3.52% Antofagasta (ANTO) 3,693.00p -2.66% Balfour Beatty (BBY) 862.50p -2.16% Rolls-Royce Holdings (RR.) 1,365.00p -2.05% IMI (IMI) 3,048.00p -1.99% Scottish Mortgage Inv Trust (SMT) 1,623.00p -1.40% Smiths Group (SMIN) 2,734.00p -1.23% Halma (HLMA) 3,506.00p -0.85% Babcock International Group (BAB) 901.20p -0.79% IG Group Holdings (IGG) 969.00p -0.77%

Share this article

Related Sharecast Articles

Wed 14 Oct 2026 13:07
FTSE 250 movers: Housebuilders up on bond yield fall; Softcat slips
(Sharecast News) - FTSE 250 (MCX) 24,408.29 0.28%
Tue 13 Oct 2026 13:47
FTSE 250 movers: Entain gains, Bytes slides
(Sharecast News) - FTSE 250 (MCX) 24,379.00 0.21%
Mon 12 Oct 2026 14:05
FTSE 100 movers: Banks, defence stocks on the rise
(Sharecast News) - London's FTSE 100 was 0.8% higher at 10,631.30 in afternoon trade on Monday.

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.

Awards

Award 1
Award 2
Award 3

Policies and important information

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statements | 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 | 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