Jack Pusey Sharecast News

23 Dec, 2014 14:07 23 Dec, 2014 17:31

FTSE 100 movers: Centrica boosted by directorate change, oil and gas stocks strong

Centrica shares were boosted as the company appointed Carlos Pascual as a new non-executive director, who is said to have extensive geopolitical, economic and commercial development experience in the energy industry.

Centrica

121.45p

15:45 15/11/24

-0.25%

-0.30p

Construction & Materials

12,379.56

15:44 15/11/24

0.53%

65.46

CRH (CDI)

7,778.00p

15:45 15/11/24

-0.94%

-74.00p

FTSE 100

8,060.61

15:45 15/11/24

n/a

FTSE 350

4,453.56

15:45 15/11/24

n/a

FTSE All-Share

4,411.85

15:45 15/11/24

n/a

Gas, Water & Multiutilities

6,050.22

15:44 15/11/24

0.21%

12.56

Industrial Engineering

11,826.25

15:44 15/11/24

-0.36%

-43.28

Oil & Gas Producers

8,043.72

15:45 15/11/24

1.32%

105.17

Pharmaceuticals & Biotechnology

19,259.77

15:45 15/11/24

-2.70%

-535.19

Shire Plc

4,690.00p

16:39 08/01/19

0.00%

0.00p

Support Services

10,885.48

15:45 15/11/24

-0.85%

-93.62

Tullow Oil

22.10p

15:39 15/11/24

1.94%

0.42p

Weir Group

2,132.00p

15:45 15/11/24

-0.19%

-4.00p

“He brings a wealth of experience with his exceptionally strong international background in energy affairs. Carlos is a rich addition to the mix of the Centrica board,” said chairman Rick Haythornthwaite.

Oil and gas-related stocks were largely higher after Brent crude prices rose 1.3% to $60.86 a barrel. As a result, resource engineer Weir Group and oil producer Tullow Oil both made strong gains.

Pharmaceutical and healthcare stocks were leading the fallers as investors dumped defensive assets amid a continued pre-Christmas rally. Medical-device maker Smith & Nephew was among the worst performers, followed closely behind by pharma giants Astrazeneca and Shire.

Risers

Tullow Oil (TLW) 419.10p +2.97%

Morrison (Wm) Supermarkets (MRW) 180.50p +2.56%

CRH (CRH) 1,548.00p +2.38%

Weir Group (WEIR) 1,916.00p +2.24%

Tesco (TSCO) 184.95p +2.18%

Smiths Group (SMIN) 1,105.00p +2.13%

Centrica (CNA) 283.20p +2.13%

Sports Direct International (SPD) 710.50p +2.08%

Randgold Resources Ltd. (RRS) 4,236.00p +2.07%

ARM Holdings (ARM) 995.50p +2.05%

Fallers