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: Vodafone rallies on results; supermarkets drop
(Sharecast News) - London's FTSE 100 was up 1% at 9,882.09 in afternoon trade on Tuesday. Vodafone rallied as it said it expects annual profit and cash flow to be at the upper end of expectations after reporting a jump in adjusted earnings and also unveiled a new progressive dividend policy with a 2.5% increase for the full year.
WPP was a high riser after markets blog Betaville said the advertising firm was the subject of a renewed round of takeover rumours.
Betaville said people following the situation have heard fresh speculation that WPP has attracted takeover interest during the strategy review being carried out by new chief executive Cindy Rose.
Betaville said in an 'uncooked alert' that it was unclear which company is circling WPP, whose shares have fallen 64% this year following profit warnings, but reports in the past have suggested several companies and private equity firms have looked at buying the group.
Traders also suggested the share price jump could be down to news that WPP has engaged McKinsey & Company to advise on a comprehensive strategy overhaul.
Housebuilders Berkeley Group and Barratt Redrow advanced as the latest UK jobs data raised expectations of a rate cut next month.
Retailers Marks & Spencer, Tesco and Sainsbury were all under the cosh.
FTSE 100 - Risers
Vodafone Group (VOD) 94.94p 6.77% WPP (WPP) 299.00p 4.22% Haleon (HLN) 373.30p 2.81% Berkeley Group Holdings (The) (BKG) 4,082.00p 2.77% Barratt Redrow (BTRW) 399.20p 2.73% British American Tobacco (BATS) 4,253.00p 2.14% Lloyds Banking Group (LLOY) 94.90p 2.13% BT Group (BT.A) 180.85p 2.12% GSK (GSK) 1,809.50p 2.12% Pearson (PSON) 1,011.50p 2.03%
FTSE 100 - Fallers
Marks & Spencer Group (MKS) 378.30p -3.00% Tesco (TSCO) 462.50p -2.75% Auto Trader Group (AUTO) 730.40p -2.74% 3i Group (III) 4,184.00p -2.74% Sainsbury (J) (SBRY) 342.60p -2.39% Croda International (CRDA) 2,728.00p -1.91% Babcock International Group (BAB) 1,179.00p -1.26% Aviva (AV.) 675.60p -1.11% Smith & Nephew (SN.) 1,258.50p -0.98% Melrose Industries (MRO) 605.00p -0.92%
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.
