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
Guides
Guidance and tools
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks Stock plan guidance
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: Precious metals miners and defence firms rally
(Sharecast News) - London's FTSE 100 was flat at 9,187.28 in afternoon trade on Monday. Precious metals miner Fresnillo and gold miner Endeavour both shone as gold prices neared a record high, while silver hit a 14-year high.
Scope Markets analyst Joshua Mahony said: "Gold and silver have enjoyed a stellar start to the week, with silver in particular surging into a 14-year high in early trade. In an environment of concerns around the ever-increasing debt burden and ongoing trade uncertainty, traders have understandably looked further afield in a bid to seek assets that benefit from concerns around fiat devaluation and potential stock-market volatility.
"Notably, with the wider growth outlook improving, silver has started to come into its own given the benefit of also reflecting improved industrial demand.
"With markets forecasting weaker jobs data across the course of the week, additional concerns over the direction of the US economy could yet provide the kind of boost that may drive gold into fresh record highs above $3500."
Defence firms Rolls-Royce, Babcock and BAE Systems all gained after the UK secured a £10bn deal to supply Norway with at least five new warships.
The deal supports 2,000 jobs at BAE Systems' shipyards in Glasgow and a further 2,000 roles across the UK maritime supply chain until the late 2030s, the government said.
FTSE 100 - Risers
Fresnillo (FRES) 1,823.00p 3.99% Rolls-Royce Holdings (RR.) 1,095.50p 3.50% Babcock International Group (BAB) 1,044.00p 3.37% Smurfit Westrock (DI) (SWR) 3,477.00p 2.72% Convatec Group (CTEC) 238.60p 2.23% Prudential (PRU) 987.00p 2.13% Tesco (TSCO) 430.90p 1.99% Sainsbury (J) (SBRY) 302.00p 1.82% BAE Systems (BA.) 1,792.50p 1.44% Melrose Industries (MRO) 591.80p 1.06%
FTSE 100 - Fallers
NATWEST GROUP (NWG) 516.00p -3.84% JD Sports Fashion (JD.) 96.82p -3.28% Lloyds Banking Group (LLOY) 79.84p -2.99% 3i Group (III) 3,929.00p -2.72% Legal & General Group (LGEN) 245.70p -2.58% SSE (SSE) 1,711.00p -2.48% Schroders (SDR) 375.60p -2.44% Kingfisher (KGF) 257.30p -2.28% Entain (ENT) 872.80p -2.24% St James's Place (STJ) 1,264.00p -2.21%
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, 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 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.
