FTSE 100 movers: Capita provides Xmas cheer; Carnival in the doldrums
Outsourcer Capita was a FTSE 100 riser after the BBC extended its existing TV licence collections partnership with the company for a further two years until June 2022.
There was little enthusiasm in the market as traders and investors alike eyed the Christmas break. Volumes were low, but enough for initial losses to be trimmed and drag the index back into positive territory.
BP edged higher after signing an agreement to take a 10% stake in Abu Dhabi's ADCO onshore oil concession for an undisclosed sum. BP also said on Monday that it will invest nearly $1bn in a natural gas field off the coast of West Africa as it struck a deal with Kosmos Energy.
Reckitt Benckiser bounced back after being last week fined a record AUD$6m by an Australian court for misleading consumers over the painkilling effects of Nurofen, one of its flagship products.
Carnival shares slumped as Berenberg downgraded its stance on the stock to ‘hold’ from ‘buy’ and cut the price target to 4,000p from 4,200p.
Market Movers
FTSE 100 (UKX) 7,015.02 0.05%
FTSE 100 - Risers
Hikma Pharmaceuticals (HIK) 1,845.00p 2.96%
Mediclinic International (MDC) 742.50p 2.41%
Capita (CPI) 500.50p 2.12%
Unilever (ULVR) 3,218.50p 2.11%
Reckitt Benckiser Group (RB.) 6,728.00p 1.72%
Relx plc (REL) 1,411.00p 1.44%
Imperial Brands (IMB) 3,539.00p 1.40%
BT Group (BT.A) 372.10p 1.39%
Randgold Resources Ltd. (RRS) 5,650.00p 1.35%
United Utilities Group (UU.) 891.50p 1.31%
FTSE 100 - Fallers
Ashtead Group (AHT) 1,555.00p -3.48%
Barclays (BARC) 222.80p -2.34%
Standard Chartered (STAN) 670.90p -2.06%
Anglo American (AAL) 1,110.50p -1.99%
BHP Billiton (BLT) 1,279.50p -1.95%
easyJet (EZJ) 1,025.00p -1.73%
Rio Tinto (RIO) 3,039.50p -1.68%
Antofagasta (ANTO) 660.00p -1.49%
AstraZeneca (AZN) 4,339.00p -1.41%
Prudential (PRU) 1,562.00p -1.33%