FTSE 100 movers: Miners in the black; Auto Trader slumps

(Sharecast News) - London's FTSE 100 was flat at 8,163.07 in afternoon trade on Thursday. Miners Antofagasta, Glencore, Anglo American and Rio Tinto were all up as copper and iron ore prices rose.

IMI advanced as the engineering firm said it remained on track to meet full-year targets following a "resilient" third quarter.

Auto Trader was under the cosh as it reported a solid increase in revenues and profits for the first half, but said the new car market remains challenging and gave a mixed outlook for used cars despite strong demand.

BT Group was also weaker as it cut its full-year revenue guidance and said pre-tax profit fell 10% in the first half.

Rolls-Royce lost ground fell even as it reiterated its full-year guidance after a solid third-quarter performance, with demand remaining strong across civil aerospace, defence and power systems markets.

Hiscox fell even as the insurer reported a rise in written premiums for the first nine months of the year as it hailed solid retail growth.

Sainsbury's fell despite reporting increasing momentum in its second quarter and reiterating guidance for strong underlying profit growth this financial year, helped by improving grocery volumes and a stronger performance from Argos in the second half.

Ba and Iberian owner IAG flew lower ahead of third-quarter results on Friday.

FTSE 100 - Risers

Antofagasta (ANTO) 1,812.00p 4.84% IMI (IMI) 1,734.00p 4.46% Spirax Group (SPX) 6,630.00p 4.16% Glencore (GLEN) 417.10p 3.99% Weir Group (WEIR) 2,200.00p 3.28% Anglo American (AAL) 2,473.00p 3.11% Rio Tinto (RIO) 5,203.00p 3.11% Scottish Mortgage Inv Trust (SMT) 909.00p 2.43% Mondi (MNDI) 1,245.00p 2.18% BAE Systems (BA.) 1,371.50p 2.16%

FTSE 100 - Fallers

Auto Trader Group (AUTO) 785.60p -7.07% BT Group (BT.A) 134.35p -5.52% Rolls-Royce Holdings (RR.) 554.60p -3.21% Hiscox Limited (DI) (HSX) 1,033.00p -3.18% Airtel Africa (AAF) 96.70p -2.91% AstraZeneca (AZN) 9,702.00p -2.24% International Consolidated Airlines Group SA (CDI) (IAG) 217.40p -1.94% Sainsbury (J) (SBRY) 263.00p -1.79% Smith (DS) (SMDS) 567.50p -1.47% Marks & Spencer Group (MKS) 393.70p -1.28%