FTSE 100 movers: Ocado surges; Hikma heads lower

(Sharecast News) - London's FTSE 100 was up 1.4% at 7,446.58 in afternoon trade on Thursday, as investors mulled the latest policy announcement from the Bank of England. Online supermarket Ocado was the standout gainer on the index following well-received results from Sainsbury's. Traders also pointed to read-across from DoorDash results across the pond.

BT rallied as it reaffirmed its full-year guidance, reporting flat revenue and a 6% increase in half-year adjusted EBITDA.

Sainsbury's gained as the supermarket chain boosted its full-year outlook after strong grocery sales throughout the first half.

Smith & Nephew also racked up strong gains as it said that sales growth is now expected to be at the top end of guidance after a strong third quarter, though it warned that margins would likely not grow as much as hoped.

Hikma Pharmaceuticals slumped as it lifted full-year guidance for two out of three of its businesses, but cut annual sales guidance for the injectables segment.

Haleon fell as it reaffirmed its full-year targets but posted slightly weaker-than-expected third-quarter revenues.

FTSE 100 - Risers

Ocado Group (OCDO) 515.40p 8.30% BT Group (BT.A) 119.15p 7.25% SEGRO (SGRO) 749.20p 5.61% Land Securities Group (LAND) 604.20p 5.33% Antofagasta (ANTO) 1,381.50p 5.22% Smith & Nephew (SN.) 968.20p 4.85% Sainsbury (J) (SBRY) 274.20p 4.74% Unite Group (UTG) 933.50p 4.71% Anglo American (AAL) 2,177.50p 4.51% Ashtead Group (AHT) 4,928.00p 4.32%

FTSE 100 - Fallers

Hikma Pharmaceuticals (HIK) 1,829.00p -4.74% Haleon (HLN) 319.05p -3.64% Centrica (CNA) 158.65p -2.25% GSK (GSK) 1,396.00p -1.90% Severn Trent (SVT) 2,666.00p -1.33% BAE Systems (BA.) 1,107.50p -0.89% United Utilities Group (UU.) 1,080.00p -0.74% Whitbread (WTB) 3,358.00p -0.36% Pershing Square Holdings Ltd NPV (PSH) 2,958.00p -0.20% Unilever (ULVR) 3,886.00p -0.01%