FTSE 100 movers: Ocado in the black; banks take a hit
London’s FTSE 100 was up 0.2% at 7,287.45 in afternoon trade on Friday.
Online supermarket Ocado was the standout gainer on the index a day after saying it swung to an interim EBITDA loss of £14m versus a profit of £61m a year earlier, driven largely by the retail division.
Dechra Pharmaceuticals also gained, having slumped on Thursday after saying it raised around £180m in a discounted placing for the acquisition of US-based Piedmont Animal Health.
Paper and packaging companies Mondi and DS Smith were the worst performers on the index.
HSBC and NatWest were both weaker after the Competition and Markets Authority named them among six high street banks found to have broken rules under the Retail Banking Market Investigation Order 2017.
FTSE 100 - Risers
Ocado Group (OCDO) 816.60p 8.42%
Dechra Pharmaceuticals (DPH) 3,738.00p 3.32%
Antofagasta (ANTO) 1,080.50p 3.20%
Flutter Entertainment (CDI) (FLTR) 8,262.00p 2.97%
Unite Group (UTG) 1,206.00p 2.90%
Aveva Group (AVV) 2,425.00p 2.80%
British Land Company (BLND) 488.80p 2.65%
Halma (HLMA) 2,305.00p 2.58%
SEGRO (SGRO) 1,078.50p 2.52%
Land Securities Group (LAND) 731.80p 2.49%
FTSE 100 - Fallers
Mondi (MNDI) 1,440.00p -3.84%
Smith (DS) (SMDS) 277.50p -2.53%
Smurfit Kappa Group (CDI) (SKG) 2,794.00p -2.17%
Standard Chartered (STAN) 575.20p -2.04%
Intermediate Capital Group (ICP) 1,449.50p -1.53%
Avast (AVST) 504.20p -1.48%
HSBC Holdings (HSBA) 516.20p -1.38%
BT Group (BT.A) 179.10p -1.08%
NATWEST GROUP PLC ORD 100P (NWG) 224.80p -1.01%
British American Tobacco (BATS) 3,417.00p -0.96%