FTSE 100 movers: Next in fashion after earnings; Convatec slumps

London's FTSE 100 was up 0.9% to 7,474.99 in afternoon trade as investors digested the latest rate announcement from the Bank of England and some better-than-expected services data.

Next surged as full price sales were up in the second quarter and the company confirmed a third special dividend of 45p and said £307m of surplus cash is expected this year, up from guidance of £255m in May.

Randgold Resources shone as it said both profit and production grew in the second quarter, while London Stock Exchange was on the front foot as it posted a 19.5% rise in first-half profit and lifted its dividend by 20%,

Going the other way, medical products and technologies company ConvaTec tanked after it posted a decline in first-half operating profit and earnings.

Paper and packaging company Mondi was in the red as it reported a fall in first-half profit, mainly due to a significantly lower forestry fair value gain in South Africa and the impact of mill maintenance shutdowns.

Risers

Next (NXT) 4,379.00p 9.12%
Randgold Resources Ltd. (RRS) 7,325.00p 4.72%
London Stock Exchange Group (LSE) 3,872.00p 2.73%
Imperial Brands (IMB) 3,292.50p 2.73%
Burberry Group (BRBY) 1,777.00p 2.60%
Rio Tinto (RIO) 3,483.50p 2.37%
CRH (CRH) 2,687.00p 2.36%
British American Tobacco (BATS) 4,967.50p 2.34%
Royal Bank of Scotland Group (RBS) 255.40p 1.79%
Associated British Foods (ABF) 3,061.00p 1.66%

Fallers

Convatec Group (CTEC) 289.60p -6.28%
Micro Focus International (MCRO) 2,121.00p -2.71%
Mondi (MNDI) 1,959.00p -2.15%
Provident Financial (PFG) 2,085.00p -1.28%
Standard Chartered (STAN) 786.10p -1.12%
Smurfit Kappa Group (SKG) 2,235.00p -1.11%
Mediclinic International (MDC) 723.00p -1.03%
Babcock International Group (BAB) 852.00p -0.99%
Merlin Entertainments (MERL) 461.50p -0.88%
Paddy Power Betfair (PPB) 7,825.00p -0.63%