Skip Header
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: Vodafone, Fresnillo rise; Metlen slides on profit warning

(Sharecast News) - London's FTSE 100 was 0.4% higher at 10,354.87 in afternoon trade on Friday.

Vodafone gained back some ground, having fallen sharply on Thursday after saying it expected full-year earnings to be at the upper end of forecasts, but with German growth at the telecoms operator leaving investors disappointed.

Precious metals miner Fresnillo shone as gold prices recovered, with spot gold up 3.2% at $4,921.04 an ounce.

On the downside, Metlen Energy & Metals tumbled after it warned earnings would significantly undershoot guidance.

The Greek energy and metals company, which listed on the London Stock Exchange last autumn, said that while its underlying business had performed "robustly", the wider group had been hit by unexpected cost overruns at M Power Projects (MPP).

As a result, group earnings before interest, tax, depreciation and amortisation are now slated to slide by around 25%. Prior to the MPP losses, EBITDA had been in line to meet guidance of around €1bn, Metlen noted.

Software firms were under the cosh again after Amazon tanked on worries about its AI spending. Relx, Experian and Sage Group all fell.

FTSE 100 - Risers

Burberry Group (BRBY) 1,163.00p 3.65% Airtel Africa (AAF) 330.20p 3.12% International Consolidated Airlines Group SA (CDI) (IAG) 433.10p 3.05% Barclays (BARC) 478.60p 2.60% Vodafone Group (VOD) 111.70p 2.48% Fresnillo (FRES) 3,634.00p 2.19% Smurfit Westrock (DI) (SWR) 3,215.00p 1.74% NATWEST GROUP (NWG) 660.40p 1.60% St James's Place (STJ) 1,499.00p 1.39% Standard Chartered (STAN) 1,872.50p 1.38%

FTSE 100 - Fallers

Metlen Energy & Metals (MTLN) 37.70p -16.04% Relx plc (REL) 2,141.00p -4.80% Experian (EXPN) 2,536.00p -3.24% Smith & Nephew (SN.) 1,258.00p -2.74% The Sage Group (SGE) 849.20p -2.53% Entain (ENT) 604.20p -2.04% Compass Group (CPG) 2,145.00p -1.56% Pershing Square Holdings Ltd NPV (PSH) 4,476.00p -1.45% Mondi (MNDI) 887.60p -1.42% Barratt Redrow (BTRW) 387.00p -1.30%

Share this article

Related Sharecast Articles

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.
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.
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.
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.