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
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
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: Water firms gush higher; DCC in the red
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,219.41 in afternoon trade on Thursday. Severn Trent and United Utilities both gained after regulator Ofwat outlined draft determinations regarding the industry's five-year investment plans.
Severn Trent noted that the regulator had categorised its business plans as "outstanding".
Severn was in also in focus as it hailed a strong financial performance over its first quarter and said it continues to expect to hit guidance.
Severn Trent expects to deliver a net Outcome Delivery Incentive (ODI) reward - a measure used by Ofwat to monitor its performance - of more than £100m pre-customer-sharing in 2017/18 prices.
"This would bring our total net ODI reward in AMP7 to around £420m in nominal prices, reflecting consistent sector-leading performance for customers," it said.
On the downside, international sales, marketing and support services group DCC fell as it reported a "modest" improvement in first-quarter operating profit.
It also announced completion of the sale of its majority stake in Hong Kong & Macau Liquid gas business to CPL.
FTSE 100 - Risers
Severn Trent (SVT) 2,745.00p 4.89% United Utilities Group (UU.) 1,110.50p 4.17% Fresnillo (FRES) 625.50p 2.88% CRH (CDI) (CRH) 6,054.00p 2.75% Kingfisher (KGF) 267.90p 2.02% easyJet (EZJ) 487.60p 1.94% Rightmove (RMV) 550.60p 1.81% Sainsbury (J) (SBRY) 265.40p 1.76% Convatec Group (CTEC) 246.00p 1.74% Schroders (SDR) 383.00p 1.65%
FTSE 100 - Fallers
DCC (CDI) (DCC) 5,540.00p -2.64% Vodafone Group (VOD) 70.94p -2.07% Airtel Africa (AAF) 117.70p -1.51% Beazley (BEZ) 673.00p -1.17% Coca-Cola HBC AG (CDI) (CCH) 2,670.00p -1.11% BP (BP.) 450.55p -0.90% International Consolidated Airlines Group SA (CDI) (IAG) 176.45p -0.87% Relx plc (REL) 3,565.00p -0.83% Smith & Nephew (SN.) 1,084.00p -0.73% Shell (SHEL) 2,815.00p -0.64%
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, 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 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.
