25 Jan 2024 | 14:43
FTSE 100 movers: Intermediate Capital gains on update; St James's Place slumps
(Sharecast News) - London's FTSE 100 was flat at 7,529.76 in afternoon trade on Thursday.
Intermediate Capital gained as it reported a jump in assets under management.
Equipment rental firm Ashtead advanced after solid fourth-quarter results from US peer United Rentals.
WPP was also on the rise after well-received results from French peer Publicis.
On the downside, St James's Place slid as its fourth-quarter net inflows missed estimates.
Industrial parts distributor RS Group fell as it reported a 10% decline in third-quarter like-for-like sales on weaker-than-expected markets and slower unwinding of customer surplus inventory particularly in electronics and associated products.
FTSE 100 - Risers
Intermediate Capital Group (ICP) 1,736.00p 6.05%
Smurfit Kappa Group (CDI) (SKG) 3,044.00p 2.63%
Ashtead Group (AHT) 4,984.00p 2.47%
Mondi (MNDI) 1,459.00p 2.06%
Flutter Entertainment (CDI) (FLTR) 16,175.00p 1.79%
Marks & Spencer Group (MKS) 259.70p 1.52%
Compass Group (CPG) 2,151.00p 1.46%
WPP (WPP) 765.00p 1.41%
Sage Group (SGE) 1,168.00p 1.39%
International Consolidated Airlines Group SA (CDI) (IAG) 155.20p 1.11%
FTSE 100 - Fallers
St James's Place (STJ) 655.40p -3.05%
Hikma Pharmaceuticals (HIK) 1,890.50p -2.95%
Anglo American (AAL) 1,827.20p -1.81%
RS Group (RS1) 759.00p -1.76%
Melrose Industries (MRO) 581.00p -1.76%
GSK (GSK) 1,530.00p -1.60%
Standard Chartered (STAN) 599.80p -1.58%
Fresnillo (FRES) 495.00p -1.24%
Burberry Group (BRBY) 1,275.50p -1.16%
Airtel Africa (AAF) 123.60p -1.04%