FTSE 100 movers: Standard Life lifted by results, IAG down with a bump

Insurance giant Standard Life surged after beating forecasts with a 19% increase in annual operating profit before tax from continuing operations to £604m, while the total dividend was lifted 7.8% to 17.03p per share.

The recent acquisition of Ignis also helped it to increase assets under administration by 38% in 2014.

Oil and gas stocks such as Tullow Oil and BG Group were among the best performers after Brent crude held above $60 a barrel after falling to as low as $57 on Thursday.

Weir Group was boosted by an upgrade from analysts at Goldman Sachs to ‘buy’.

Housebuilder Persimmon was trading lower after a downgrade from analysts at JPMorgan Cazenove to ‘neutral’, in a research note issued to investors.

IAG was weaker after a senior Irish government minister said that an offer to buy Ireland's 25% stake in Aer Lingus was not yet persuasive enough.

"It is up to IAG to make an offer that is persuasive in relation to the public interest here. And as of yet we don't have an offer that is persuasive enough," agriculture minister Simon Coveney said in an interview with Newstalk Radio.

Risers
Tullow Oil (TLW) 414.30p +4.04%
Weir Group (WEIR) 1,924.00p +3.33%
BG Group (BG.) 977.90p +2.77%
Glencore (GLEN) 290.50p +2.45%
Standard Life (SL.) 415.80p +1.79%
Anglo American (AAL) 1,242.50p +1.59%
Babcock International Group (BAB) 1,009.00p +1.31%
Johnson Matthey (JMAT) 3,481.00p +1.28%
Vodafone Group (VOD) 231.05p +1.16%
Coca-Cola HBC AG (CDI) (CCH) 1,137.00p +1.07%

Fallers
International Consolidated Airlines Group SA (CDI) (IAG) 550.00p -2.48%
easyJet (EZJ) 1,750.00p -1.96%
Centrica (CNA) 252.40p -1.83%
Carnival (CCL) 2,897.00p -1.53%
Hammerson (HMSO) 662.50p -1.49%
British Land Co (BLND) 812.50p -1.46%
Intu Properties (INTU) 361.10p -1.26%
Persimmon (PSN) 1,689.00p -1.17%
Royal Mail (RMG) 423.80p -1.07%
Smith & Nephew (SN.) 1,174.00p -1.01%