FTSE 100 movers: Tullow Oil and travel stocks lead downside
Oil and gas group Tullow Oil was firmly in the red after the company said that the Sputnik-1 well on its part-owned Arouwe block offshore Gabon has found "non-commercial" hydrocarbons.
Anglo American
2,445.00p
17:15 07/10/24
BHP Group Limited NPV (DI)
2,327.00p
17:15 07/10/24
British American Tobacco
2,689.00p
16:49 07/10/24
Burberry Group
673.60p
17:15 07/10/24
Carnival
1,266.00p
17:15 07/10/24
FTSE 100
8,303.62
16:44 07/10/24
International Consolidated Airlines Group SA (CDI)
191.90p
16:39 07/10/24
TUI Travel
437.60p
16:59 11/12/14
Tullow Oil
26.50p
16:46 07/10/24
Weir Group
2,156.00p
16:45 07/10/24
Travel and leisure peers TUI Travel, Carnival and IAG were all registering losses as concerns about the Ebola crisis continued to grow.
Burberry was also under pressure as analysts expressed concerns about how a potential drop in tourism will affect sales of luxury goods.
Mining stocks were pulling back after a strong performance the previous session as metal prices gave up recent gains. Anglo American, Antofagasta, Glencore and BHP Billiton were among the worst performers.
British American Tobacco was trading lower after Goldman Sachs cut its rating on the cigarette maker to 'sell'.
Panmure Gordon pushed Weir Group into the red after sticking with its 'sell' rating on the group and cutting its target price from 2,030p to 1,730p.
FTSE 100 - Risers
Aberdeen Asset Management (ADN) 396.40p +0.79%
RSA Insurance Group (RSA) 466.40p +0.73%
Hammerson (HMSO) 560.00p +0.63%
easyJet (EZJ) 1,349.00p +0.60%
British Land Co (BLND) 681.50p +0.52%
BAE Systems (BA.) 445.10p +0.50%
BT Group (BT.A) 370.50p +0.41%
Land Securities Group (LAND) 1,032.00p +0.39%
Persimmon (PSN) 1,281.00p +0.39%
Travis Perkins (TPK) 1,612.00p +0.37%
FTSE 100 - Fallers
Tullow Oil (TLW) 538.50p -5.69%
Hargreaves Lansdown (HL.) 888.50p -3.69%
TUI Travel (TT.) 344.20p -3.56%
Antofagasta (ANTO) 664.50p -3.13%
Weir Group (WEIR) 2,232.00p -2.96%
ARM Holdings (ARM) 848.50p -2.75%
Glencore (GLEN) 313.05p -2.70%
Fresnillo (FRES) 749.50p -2.66%
Carnival (CCL) 2,213.00p -2.42%
BHP Billiton (BLT) 1,625.50p -2.40%