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: Centrica, Rio slide on results; Relx rallies
(Sharecast News) - London's FTSE 100 was down 0.8% at 10,602.33 in afternoon trade on Thursday, dragged lower by Centrica and Rio Tinto.
FTSE 250 movers: Pan African shines on results
(Sharecast News) - FTSE 250 (MCX) 23,645.56 0.38%
FTSE 100 movers: BAE Systems, Glencore gain; Unilever hit by downgrade
(Sharecast News) - London's FTSE 100 was 1.4% firmer at 10,704.61 in afternoon trade on Wednesday.
FTSE 250 movers: Raspberry Pi surges; Plus500 tumbles
(Sharecast News) - FTSE 250 (MCX) 23,451.00 0.32%

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.