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
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks IPOs and placings
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: Oil giants rally; Next hit by broker note
(Sharecast News) - London's FTSE 100 was flat at 7,497.79 in afternoon trade on Monday. BP and Shell were among the top performers as oil prices surged in the wake of the Hamas attacks on Israel.
Defence contractor BAE Systems also gained.
Caterer Compass Group was boosted by an upgrade to 'buy' at Jefferies.
BA and Iberia owner IAG was under the cosh amid a broader selloff in the travel sector, as investors fretted about the potential impact of the Israel-Palestine conflict.
Speciality chemicals company Croda fell as it cut its full-year profit outlook following a weaker-than-expected third-quarter performance.
Next was also under pressure after JPMorgan Cazenove placed shares of the homeware and clothing retailer on 'negative catalyst watch' ahead of its next trading update.
JPM, which also put Primark owner AB Foods on negative catalyst watch, pointed to the last time the weather was this unfavourable, which was the fourth quarter of 2018.
"In a similar situation to that which we think could develop this year, the sector underperformance in late 2018 was exacerbated by concerns that weather-driven weakness could have been masking an underlying deterioration in consumer confidence," it said.
"We expect all of our clothing coverage to be impacted by the warm temperatures, but given the relative share price performance, we place Next and ABF (Primark) on Negative Catalyst Watch ahead of their updates on 1 Nov and 7 Nov, respectively."
FTSE 100 - Risers
BP (BP.) 523.40p 3.52% BAE Systems (BA.) 1,015.00p 3.51% Shell (SHEL) 2,656.50p 2.91% Fresnillo (FRES) 535.20p 2.25% Imperial Brands (IMB) 1,702.50p 2.01% Compass Group (CPG) 2,053.00p 1.84% National Grid (NG.) 947.60p 1.28% Reckitt Benckiser Group (RKT) 5,796.00p 1.19% Endeavour Mining (EDV) 1,535.00p 1.19% British American Tobacco (BATS) 2,511.00p 1.13%
FTSE 100 - Fallers
International Consolidated Airlines Group SA (CDI) (IAG) 148.00p -5.34% Croda International (CRDA) 4,598.00p -4.11% Next (NXT) 6,952.00p -3.63% Marks & Spencer Group (MKS) 222.50p -3.43% Spirax-Sarco Engineering (SPX) 9,154.00p -3.28% JD Sports Fashion (JD.) 139.00p -2.90% Ocado Group (OCDO) 554.60p -2.80% IMI (IMI) 1,500.00p -2.79% Whitbread (WTB) 3,249.00p -2.49% Halma (HLMA) 1,937.50p -2.32%
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.
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.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
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 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.
