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: Sainsbury's rallies on Argos news, BT slumps
(Sharecast News) - London's FTSE 100 was flat at 9,285.39 in afternoon trade on Monday. Sainsbury's rallied as it said talks with China's JD.com over the potential sale of Argos have collapsed.
In a brief statement, the retailer said JD.com was now only prepared to engage on a "materially revised" set of terms and commitments, which were not in the best interest of shareholders.
Centrica gained after it struck a major deal with America's X-energy to build modular nuclear reactors in the UK.
BT Group fell as it said two representatives from major shareholder Bharti Global - Indian telecoms billionaire Sunil Bharti Mittal and Gopal Vittal - have joined the board as non-executives directors.
AstraZeneca slumped after announcing a pause in its plans to invest £200m at its Cambridge research site.
Richard Hunter, head of markets at Interactive Investor, said this was "hot on the heels of other pharmaceutical strategic withdrawals given the perceived lack of interest from the government".
He added: "Despite the dip, the shares are up by 21% so far this year, but from a UK perspective such moves add to the possibility that Astra could seek to reflect its US exposure by switching its primary listing, which would be a major reputational blow."
FTSE 100 - Risers
Sainsbury (J) (SBRY) 321.40p 4.62% Centrica (CNA) 165.95p 3.49% Marks & Spencer Group (MKS) 349.40p 3.31% Beazley (BEZ) 838.00p 2.89% Smurfit Westrock (DI) (SWR) 3,378.00p 2.71% ICG (ICG) 2,296.00p 2.04% Rolls-Royce Holdings (RR.) 1,152.00p 1.95% International Consolidated Airlines Group SA (CDI) (IAG) 388.50p 1.70% easyJet (EZJ) 477.10p 1.66% Lloyds Banking Group (LLOY) 83.94p 1.62%
FTSE 100 - Fallers
BT Group (BT.A) 200.30p -2.63% AstraZeneca (AZN) 11,520.00p -2.32% Airtel Africa (AAF) 223.80p -2.01% Haleon (HLN) 356.90p -1.38% The Sage Group (SGE) 1,060.00p -1.26% Rightmove (RMV) 718.20p -1.13% Fresnillo (FRES) 2,132.00p -1.11% GSK (GSK) 1,487.00p -1.10% Diploma (DPLM) 5,480.00p -1.08% CRH (CDI) (CRH) 8,356.00p -1.02%
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.
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.
