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: Mondi, retailers under the cosh

(Sharecast News) - London's FTSE 100 was down 0.5% at 7,840.05 in afternoon trade on Friday. Retailers were under the cosh after figures from the Office for National Statistics showed that retail sales were unchanged on the month in March following a revised 0.1% jump in February, missing expectations for a 0.3% increase.

Automotive fuel and non-food stores sales volumes rose 3.2% and 0.5%, respectively. This was offset by falls in food stores and non-store retailers of 0.7% and 1.5%.

On the year, retail sales rose 0.8% in March, coming in below expectations for a 1% increase. That left sales 1.2% below their pre-pandemic level in February 2020.

In the three months to March, sales volumes jumped 1.9% compared with the previous quarter.

B&M European Value Retail, JD Sports, Marks & Spencer, B&Q owner Kingfisher and Sainsbury's were all down.

Mondi was the standout gainer on the index after the packaging firm said it would not be making an offer for rival DS Smith, paving the way for a takeover by US-based International Paper.

DS Smith tanked.

Catering group Compass was a high riser after well-received first-half results from French peer Sodexo.

FTSE 100 - Risers

Mondi (MNDI) 1,510.00p 9.70% United Utilities Group (UU.) 1,031.00p 1.23% Compass Group (CPG) 2,195.00p 1.20% Croda International (CRDA) 4,904.00p 1.13% Coca-Cola HBC AG (CDI) (CCH) 2,434.00p 1.00% National Grid (NG.) 1,038.50p 0.83% Unilever (ULVR) 3,801.00p 0.82% Haleon (HLN) 323.60p 0.75% Severn Trent (SVT) 2,437.00p 0.74% Intertek Group (ITRK) 4,884.00p 0.70%

FTSE 100 - Fallers

Smith (DS) (SMDS) 351.80p -11.96% B&M European Value Retail S.A. (DI) (BME) 501.00p -3.65% Scottish Mortgage Inv Trust (SMT) 802.20p -2.67% JD Sports Fashion (JD.) 117.10p -2.66% Marks & Spencer Group (MKS) 243.70p -2.60% RS Group (RS1) 685.00p -2.28% Intermediate Capital Group (ICG) 1,978.00p -2.27% Beazley (BEZ) 656.50p -2.01% Kingfisher (KGF) 243.50p -1.89% Sainsbury (J) (SBRY) 258.00p -1.75%

Share this article

Related Sharecast Articles

London pre-open: Stocks to nudge down as investors mull jobs data
(Sharecast News) - London stocks were set to nudge lower at the open on Tuesday as investors mulled the latest UK jobs data.
Europe close: Stocks mostly higher on US trade tariff news
(Sharecast News) - European markets were mostly higher at the start of the week following reports that the Trump administration would not move immediately to levy fresh trade tariffs.
London close: Stocks mixed as Trump reenters the Oval Office
(Sharecast News) - London stocks ended Monday with a mixed performance as investors assessed the latest UK house price data and monitored Donald Trump's inauguration as the 47th president of the United States.
Broker tips: National Grid, Judges Scientific, Bango, Spirax
(Sharecast News) - Citi upgraded National Grid to 'buy' from 'neutral' on Monday following a period of share price underperformance, mostly driven by macro factors and flows.

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.