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22 Aug 2023 | 13:59

FTSE 100 movers: RS Group boosted by upgrade; JD Sports retreats

(Sharecast News) - London's FTSE 100 was up 0.5% at 7,293.33 in afternoon trade on Tuesday.

RS Group - formerly Electrocomponents - was boosted by an upgrade to 'outperform' at BNPP Exane.

Heavily-weighted miners were also on the front foot, with Anglo American, Glencore, Rio Tinto and Antofagasta all up as copper prices rose.

JD Sports and Primark owner Associated British Foods were both weaker, having gained a day earlier on the back of a research note by RBC Capital Markets.

FTSE 100 - Risers

Fresnillo (FRES) 537.80p 5.45% RS Group (RS1) 723.00p 3.23% Anglo American (AAL) 2,033.50p 3.22% Glencore (GLEN) 432.10p 2.88% Rio Tinto (RIO) 4,728.50p 2.40% Flutter Entertainment (CDI) (FLTR) 13,680.00p 2.36% Unite Group (UTG) 907.00p 2.25% Kingfisher (KGF) 231.20p 2.03% SEGRO (SGRO) 709.40p 2.01% Antofagasta (ANTO) 1,417.00p 1.94%

FTSE 100 - Fallers

JD Sports Fashion (JD.) 143.40p -5.10% Associated British Foods (ABF) 1,943.00p -0.61% Ocado Group (OCDO) 730.20p -0.57% Rentokil Initial (RTO) 580.80p -0.51% Sainsbury (J) (SBRY) 259.30p -0.46% Coca-Cola HBC AG (CDI) (CCH) 2,261.00p -0.26% Melrose Industries (MRO) 495.50p -0.26% Hiscox Limited (DI) (HSX) 973.00p -0.21% Spirax-Sarco Engineering (SPX) 9,792.00p -0.20% Reckitt Benckiser Group (RKT) 5,628.00p -0.18%

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