FTSE 100 movers: Oil producers and miners weaker, Easyjet soars on lower costs
Updated : 16:55
Oil producers such as Tullow, Shell and BG Group led the fallers as crude prices declined. Brent futures were down 1.4% at $57.73 a barrel by noon.
Meanwhile, Easyjet was flying higher on the low oil prices, as fuel costs were further minimized.
G4S was also among the risers after the security group reported a better-than-expected rise in full-year profits and raised its final dividend by 5%. The company did, however, raise provisions for underperforming UK government contracts by £45m.
Mining stocks declined as risk appetite faded with BHP Billiton, Antofagasta and Anglo American among the fallers. BHP Billiton fell despite saying it's on track to deliver 245m tonnes of iron ore for the year ending 30 June 2015, while Antofagasta slipped on the court ruling that it must destroy at least part of its tailings dam at the Los Pelambres copper project in Chile.
Risers
Standard Life (SL.) 452.30p +1.25%
easyJet (EZJ) 1,723.00p +1.23%
Shire Plc (SHP) 5,270.00p +1.15%
BAE Systems (BA.) 538.50p +1.03%
Barratt Developments (BDEV) 515.00p +0.78%
Dixons Carphone (DC.) 436.80p +0.39%
Schroders (SDR) 3,101.00p +0.36%
Legal & General Group (LGEN) 284.50p +0.21%
Sky (SKY) 992.50p +0.05%
Fallers
Tullow Oil (TLW) 324.20p -6.33%
BG Group (BG.) 869.60p -5.40%
Antofagasta (ANTO) 724.00p -3.79%
BHP Billiton (BLT) 1,492.50p -3.30%
Sainsbury (J) (SBRY) 267.30p -2.98%
Royal Dutch Shell 'B' (RDSB) 2,078.00p -2.94%
Admiral Group (ADM) 1,474.00p -2.90%
Royal Dutch Shell 'A' (RDSA) 1,974.00p -2.76%
Anglo American (AAL) 1,107.50p -2.68%
Aberdeen Asset Management (ADN) 446.20p -2.68%