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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: IHG boosted by broker note; miners slump

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,227.78 in afternoon trade on Friday. InterContinental Hotels gained after an initiation at 'outperform' by CICC.

Defence firms BAE Systems and Rolls-Royce rallied as Nato personnel from a number of European countries landed in Greenland for an exercise after Trump restated his desire to own the island.

Neil Wilson, UK investor strategist at Saxo Markets, said it was "hardly a show of force, but a reminder of what's at stake here".

The gains also came amid news the UK will open a business centre in Kyiv this year to help defence start-ups send more military hardware into Ukraine.

On the downside, miners Anglo American, Antofagasta, Glencore and Rio Tinto all fell as copper prices lost ground on reports that Chinese regulators have ordered exchanges to remove servers operated by high frequency traders from their data centres.

FTSE 100 - Risers

Hikma Pharmaceuticals (HIK) 1,600.00p 2.43% InterContinental Hotels Group (IHG) 138.95p 1.76% British Land Company (BLND) 411.20p 1.73% Smiths Group (SMIN) 2,600.00p 1.48% Schroders (SDR) 464.40p 1.31% Land Securities Group (LAND) 649.00p 1.17% BAE Systems (BA.) 2,064.00p 1.13% Rolls-Royce Holdings (RR.) 1,286.50p 1.06% St James's Place (STJ) 1,521.50p 1.03% Marks & Spencer Group (MKS) 367.00p 0.96%

FTSE 100 - Fallers

Pearson (PSON) 942.80p -3.66% Anglo American (AAL) 3,206.00p -3.43% Antofagasta (ANTO) 3,557.00p -2.95% Next (NXT) 13,565.00p -2.83% Glencore (GLEN) 478.10p -2.63% Rio Tinto (RIO) 6,314.00p -2.38% Entain (ENT) 710.40p -2.26% Metlen Energy & Metals (MTLN) 43.70p -2.24% Pershing Square Holdings Ltd NPV (PSH) 4,666.00p -1.73% Games Workshop Group (GAW) 18,720.00p -1.47%

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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.