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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: Retailers, Berkeley Group rally

(Sharecast News) - London's FTSE 100 was up 1.5% at 7,458.23 in afternoon trade on Monday. Retailers were the standout gainers on the index, with Tesco, Sainsbury's, B&Q owner Kingfisher, online supermarket Ocado, JD Sports and B&M all sharply higher.

Berkeley Group was also on the rise after an upgrade to 'buy' from 'hold' at Berenberg.

The bank said it believes Berkeley can meet its mid-term profit guidance, that it offers upside risk on capital returns and it is strategically very well positioned.

FTSE 100 - Risers

Tesco (TSCO) 252.80p 5.38% Sainsbury (J) (SBRY) 213.00p 5.13% Kingfisher (KGF) 254.20p 5.00% Ocado Group (OCDO) 794.20p 4.94% JD Sports Fashion (JD.) 132.25p 4.88% Howden Joinery Group (HWDN) 613.20p 4.86% Berkeley Group Holdings (The) (BKG) 3,685.00p 4.04% Smurfit Kappa Group (CDI) (SKG) 3,011.00p 3.94% Flutter Entertainment (CDI) (FLTR) 10,625.00p 3.81% B&M European Value Retail S.A. (DI) (BME) 363.40p 3.65%

FTSE 100 - Fallers

M&G (MNG) 201.00p -1.52% Melrose Industries (MRO) 125.70p -1.30% London Stock Exchange Group (LSEG) 8,002.00p -0.02% National Grid (NG.) 1,071.00p 0.00% Intermediate Capital Group (ICP) 1,283.50p 0.00% Pershing Square Holdings Ltd NPV (PSH) 2,875.00p 0.00% Avast (AVST) 716.60p 0.00% Meggitt (MGGT) 799.40p 0.10% Haleon (HLN) 261.30p 0.11% Centrica (CNA) 87.00p 0.12%

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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.