FTSE 100 movers: IAG flies lower; National Grid wins
London’s FTSE 100 was down 0.6% to 7,192.41 in afternoon trading on Monday.
Parent company British Airways and Iberia AGI was the worst performer, having rebounded sharply late last week after the UK government announced that full passengers arriving in England from countries not on the red list will be able to take a lateral flow from October 24 rather than a more expensive test PCR test.
Go the other way, national grid was among the winners after saying he continued to perform as expected ahead of the release of his first half results on November 18.
Tesco was also in the dark as the supermarket chain said it had started its share buyback scheme of up to Â£ 500million. He announced the move with his interim results on October 6, saying improved earnings had allowed him to launch a multi-year buyout to return money to shareholders.
FTSE 100 – Risers
Fresnillo (FRES) 868.20p 2.67%
Evraz (EVR) 627.00p 1.55%
Hargreaves Lansdown (HL.) 1,493.00p 1.50%
Polymetal International (POLY) 1346.50p 1.24%
Glencore (GLEN) 394.75p 1.08%
National network (NG.) 906.00p 0.98%
Tesco (TSCO) 270.35p 0.91%
ESS (ESS) 1,581.50 p 0.54%
United Utilities Group (UU.) 986.20p 0.53%
VAN of Pershing Square Holdings Ltd (PSH) 2,850.00p 0.53%
FTSE 100 – Fallers
International Consolidated Airlines Group SA (CDI) (IAG) 174.74p -4.47%
Informa (INF) 530.60p -3.42%
Smurfit Kappa Group (CDI) (SKG) 3,642.00p -3.11%
Pearson (PSON) 601.80p -3.00%
Compass Group (CPG) 1,449.50 p -2.72%
Pentecostal Bread (WTB) 3,279.00p -2.67%
Burberry Group (BRBY) 1,832.00p -2.16%
Antofagasta (ANTO) 1477.50p -1.99%
Johnson Matthey (JMAT) 2,673.00p -1.94%
Khaki (PSN) 2,643.00p -1.82%