FTSE 100 movers: Gold miners higher as investors monitor North Korea headlines
Investors in precious metals miners' shares had a glint in their eye on Wednesday as Pyongang continued to make provocative remarks, with reports indicating the Hermit Kingdom was studying a possible missile strike against the US Pacific territory of Guam.
Aerospace and Defence
11,646.40
15:45 15/11/24
BAE Systems
1,286.50p
15:45 15/11/24
Fresnillo
645.00p
15:45 15/11/24
FTSE 100
8,060.61
15:45 15/11/24
FTSE 350
4,453.56
15:45 15/11/24
FTSE All-Share
4,411.85
15:45 15/11/24
G4S
244.80p
16:40 04/05/21
Legal & General Group
218.80p
15:45 15/11/24
Life Insurance
5,457.72
15:44 15/11/24
Mining
10,633.77
15:45 15/11/24
Randgold Resources Ltd.
6,546.00p
17:00 28/12/18
Support Services
10,885.48
15:45 15/11/24
Worldpay Group
435.40p
16:59 15/01/18
That saw front month gold futures climb 1.20% to $1,277.80/oz. on COMEX as of 1559 BST.
Not surprisingly, proxies for the yellow metal such as Randgold Resources and Fresnillo both topped the leaderboard.
BAE Systems also found a bid on the news out of the Far East, mirroring gains for its US-listed peers.
Worldpay was also wanted after agreeing to a £9.3bn merger with US rival Vantiv.
Financials were lower as a group amid the heightened risk aversion, with the selling pressure dragging stock in Legal & General down from its 52-week highs despite what some analysts labeled as a "strong" set of interims.
G4S was at the bottom of the pile after the security outsourcer reported slower growth for the second quarter.
FTSE 100 - Risers
Fresnillo (FRES) 1,543.00p 4.82%
Randgold Resources Ltd. (RRS) 7,370.00p 2.65%
BAE Systems (BA.) 583.00p 1.30%
Mediclinic International (MDC) 736.50p 1.17%
Worldpay Group (WPG) 387.90p 1.12%
Barratt Developments (BDEV) 605.50p 0.83%
United Utilities Group (UU.) 927.50p 0.82%
Next (NXT) 4,399.00p 0.71%
Paddy Power Betfair (PPB) 7,285.00p 0.62%
Vodafone Group (VOD) 226.55p 0.49%
FTSE 100 - Fallers
G4S (GFS) 308.20p -6.78%
ITV (ITV) 170.50p -2.57%
Standard Chartered (STAN) 783.50p -2.55%
DCC (DCC) 6,810.00p -2.51%
Ashtead Group (AHT) 1,619.00p -2.41%
Smurfit Kappa Group (SKG) 2,173.00p -2.29%
Prudential (PRU) 1,845.00p -2.15%
Shire Plc (SHP) 3,960.50p -1.89%
WPP (WPP) 1,561.00p -1.89%
Aviva (AV.) 527.00p -1.86%