FTSE 100 movers: Entain gains on upgrade; Fresnillo loses its shine

(Sharecast News) - London's FTSE 100 was up 0.4% at 7,608.17 in afternoon trade on Monday. Ladbrokes owner Entain rallied after an upgrade to 'buy' at Jefferies, but Centrica was hit by a downgrade to 'hold' by the same outfit.

Vodafone rose as it confirmed it is in talks with several parties about the potential merger or disposal of its Italian unit, after France's Iliad said it had submitted a proposal to merge the two Italian businesses.

GSK was in the black as it released positive headline results from the planned analysis of its trial of Jemperli in endometrial cancer.

Rolls-Royce gained following a report the company is in talks with Ukraine's biggest private power company to build a string of mini nuclear power plants.

On the downside, precious metals miner Fresnillo lost its shine after a downgrade to 'underweight' at Morgan Stanley.

Housebuilders Berkeley and Barratt Developments were both lower after a downgrade to 'neutral' at UBS.

Croda International fell as it announced the departure of chief financial officer Louisa Burdett next year to join Spirax-Sarco Engineering, and said full-year pre-tax profit was set to be at the lower end of its guided £300m to £320m range.

FTSE 100 - Risers

Entain (ENT) 988.60p 5.33% Vodafone Group (VOD) 67.79p 4.74% BP (BP.) 467.75p 2.16% Antofagasta (ANTO) 1,648.00p 1.98% Airtel Africa (AAF) 124.00p 1.81% GSK (GSK) 1,443.80p 1.73% Rolls-Royce Holdings (RR.) 295.10p 1.72% Whitbread (WTB) 3,532.00p 1.47% Rio Tinto (RIO) 5,778.00p 1.40% Shell (SHEL) 2,538.00p 1.40%

FTSE 100 - Fallers

Fresnillo (FRES) 533.60p -8.88% Berkeley Group Holdings (The) (BKG) 4,765.00p -2.14% Mondi (MNDI) 1,503.00p -2.05% Spirax-Sarco Engineering (SPX) 10,125.00p -1.70% Barratt Developments (BDEV) 558.40p -1.34% Croda International (CRDA) 4,993.00p -1.32% Centrica (CNA) 140.20p -1.13% WPP (WPP) 742.20p -1.12% Rentokil Initial (RTO) 422.30p -1.10% NATWEST GROUP (NWG) 218.80p -1.08%