FTSE 100 movers: BAT goes ex-div; Kingfisher hit by Wickes results

London’s FTSE 100 was down 0.6% at 7,523.93 in afternoon trade on Thursday.

Schroders and British American Tobacco were under the cosh as they traded without entitlement to the dividend.

Elsewhere, B&Q and Castorama owner Kingfisher fell on negative read-across from DIY retailer Wickes, which posted a decline in full-year profits.

Wickes, which was spun off from Travis Perkins, said adjusted pre-tax profit fell to £75.4m from £85m as DIY demand normalised after the pandemic boom.

Banks Standard Chartered and HSBC were also in the red, having gained a day earlier as they recovered from recent heavy losses.

FTSE 100 - Risers

Melrose Industries (MRO) 160.35p 4.02%
Endeavour Mining (EDV) 1,845.00p 3.02%
Scottish Mortgage Inv Trust (SMT) 668.80p 1.98%
Centrica (CNA) 105.20p 1.94%
Beazley (BEZ) 559.50p 1.82%
BAE Systems (BA.) 974.40p 1.71%
SEGRO (SGRO) 737.80p 1.63%
3i Group (III) 1,592.50p 1.50%
Antofagasta (ANTO) 1,558.50p 1.43%
Severn Trent (SVT) 2,836.00p 1.43%

FTSE 100 - Fallers

British American Tobacco (BATS) 2,850.00p -4.65%
Schroders (SDR) 445.30p -3.91%
Kingfisher (KGF) 264.30p -2.54%
Standard Chartered (STAN) 636.40p -2.39%
British Land Company (BLND) 366.10p -2.37%
HSBC Holdings (HSBA) 551.50p -2.32%
Convatec Group (CTEC) 218.60p -2.24%
Legal & General Group (LGEN) 230.60p -2.08%
Imperial Brands (IMB) 1,880.00p -2.06%
Tesco (TSCO) 253.80p -2.01%