FTSE 100 movers: Tullow climbs on cost review
Tullow Oil rose after saying it was reviewing its costs in light of low international oil prices. The group said its financial performance in the year-to-date, before exploration write-offs and impairment charges, was in line with expectations.
Capita
19.96p
16:40 07/10/24
FTSE 100
8,303.62
16:44 07/10/24
G4S
244.80p
16:40 04/05/21
Sainsbury (J)
292.20p
16:44 07/10/24
SSE
1,822.50p
16:40 07/10/24
Tullow Oil
26.50p
16:46 07/10/24
G4S said its trading in the third quarter was in line with expectations with organic revenue growth up 4.2% compared to a year ago. The security company’s results in the nine months to the end of September were supported by new contract wins at a total value of £1.7bn, which will generate annual revenues of over £870m.
Capita's shares plunged after reporting a drop in its bid pipeline in its third quarter results. The bid pipeline stands at £4.1bn, compared to £5.7bn in July 2014, comprising 26 bids with 87% new business and 13% renewals.
SSE was also lower after reporting a 6.2% drop in pre-tax profit to £316.6m in its first half, though the utility group did lift its interim dividend by 2.3%.
After an initial rise, shares in Sainsbury sank firmly into the red after the supermarket group warned that its full-year profit and dividend would be lower than last year's. Like-for-like sales fell 2.1% in the first half, while underlying profit sank 6.3%.
FTSE 100 - Risers
Tullow Oil (TLW) 493.50p +2.34%
Randgold Resources Ltd. (RRS) 4,203.00p +2.01%
G4S (GFS) 269.20p +1.78%
Anglo American (AAL) 1,365.50p +1.75%
Antofagasta (ANTO) 722.00p +1.48%
Royal Mail (RMG) 464.10p +1.33%
Vodafone Group (VOD) 221.65p +1.19%
Rio Tinto (RIO) 3,017.50p +1.05%
Glencore (GLEN) 330.15p +0.95%
SABMiller (SAB) 3,519.00p +0.90%
FTSE 100 - Fallers
Capita (CPI) 1,048.00p -6.51%
Aberdeen Asset Management (ADN) 425.80p -4.53%
Hargreaves Lansdown (HL.) 983.50p -3.58%
easyJet (EZJ) 1,536.00p -3.21%
SSE (SSE) 1,532.00p -3.04%
International Consolidated Airlines Group SA (CDI) (IAG) 411.00p -2.49%
TUI Travel (TT.) 408.90p -2.18%
Barclays (BARC) 230.00p -1.96%
Mondi (MNDI) 1,055.00p -1.95%
Sainsbury (J) (SBRY) 263.90p -1.93%