FTSE 100 movers: Hargreaves Lansdown falls short of expectations, Sky higher on strong interim figures

Half-yearly results from fund manager and savings outfit Hargreaves Lansdown showed record assets under administration and growing client numbers, though shares fell sharply after revenues and profits came in shy of City expectations. Analysts at Shore Capital said: “The figures show a slight improvement on a very quiet Q1 but will still require a further uptick in H2 to meet full year consensus.”

BG Group dipped after warning of further job cuts and budget slashing on Tuesday after wiping £4bn off the value of oil and gas assets globally to reflect the sharp fall in crude prices. BG Group, which has about 500 people working out of its Aberdeen offices, said it needed to shave 10% off headcount costs among its 5,200 strong global workforce in 2015.

Sky was trading higher after releasing its first set of results since slimming down its name to Sky and absorbing its German and Italian sister companies. The satellite broadcaster delivered a strong set of interim figures and cited good momentum in all its markets, causing shares to rise.

After a weak start, mining stocks advanced as metals prices turned around following the Chinese stimulus news. Precious metal producer Fresnillo was among the risers on the turnaround.

GlaxoSmithKline was boosted after pleasing investors with the news that it would return £4bn cash to investors from its deal with Novartis.

Risers
ITV (ITV) 228.10p +2.52%
Sky (SKY) 959.50p +1.75%
GlaxoSmithKline (GSK) 1,477.00p +1.65%
Standard Chartered (STAN) 928.00p +1.42%
ARM Holdings (ARM) 1,051.00p +1.35%
Burberry Group (BRBY) 1,794.00p +1.30%
Wolseley (WOS) 3,863.00p +1.28%
AstraZeneca (AZN) 4,698.00p +1.22%
Fresnillo (FRES) 888.50p +0.97%
Randgold Resources Ltd. (RRS) 5,580.00p +0.81%

Fallers
Hargreaves Lansdown (HL.) 982.00p -6.03%
Tullow Oil (TLW) 394.20p -5.56%
St James's Place (STJ) 874.50p -2.29%
Associated British Foods (ABF) 3,013.00p -2.14%
Aggreko (AGK) 1,593.00p -2.03%
Royal Dutch Shell 'B' (RDSB) 2,223.50p -1.98%
Royal Dutch Shell 'A' (RDSA) 2,140.50p -1.81%
Anglo American (AAL) 1,149.00p -1.79%
Travis Perkins (TPK) 1,938.00p -1.72%
BG Group (BG.) 928.70p -1.72%