Back to previous section

FTSE 100 movers: Oil and Gas shares keep top-flight index in the red

Oil and Gas shares were the main drag on London's top-flight index at the end of the week as investors waited on news of a possible deal in Brussels as regarded the level for the block's price cap on Russian crude oil exports.

The Shaybah field is located at the northern edge of the Empty Quarter desert in Saudi Arabia

Source: Sharecast

Investors were also waiting on the results of the OPEC+ ministerial meeting at the weekend.

Nevertheless, defensives including the likes of SSE, Centrica and National Grid were also lower, possibly betraying a certain underlying bullishness.

"It is too early to write off hopes of a bounce in December however. Traditionally, the real gains don’t come until the second half of the month, which leaves room for some consolidation in stocks to digest the gains made this week," said IG chief market analyst Chris Beauchamp.

"After such a tough year, it might seem foolish to hope for a bounce, but the year-end rally remains a reliable feature most of the time, even if what happens beyond 31 December is a return to 2022’s selling."

Market Movers

FTSE 100 (UKX) 7,555.97 -0.03%
FTSE 250 (MCX) 19,381.35 -0.14%
techMARK (TASX) 4,418.87 -0.10%

FTSE 100 - Risers

Associated British Foods (ABF) 1,667.50p 5.04%
Rolls-Royce Holdings (RR.) 90.25p 3.82%
Hargreaves Lansdown (HL.) 871.80p 2.25%
Antofagasta (ANTO) 1,434.50p 2.06%
NATWEST GROUP (NWG) 261.90p 1.75%
St James's Place (STJ) 1,185.00p 1.50%
Prudential (PRU) 1,030.50p 1.43%
Land Securities Group (LAND) 621.80p 1.40%
SEGRO (SGRO) 817.80p 1.36%
Halma (HLMA) 2,249.00p 1.35%

FTSE 100 - Fallers

Intermediate Capital Group (ICP) 1,243.00p -1.97%
BP (BP.) 480.90p -1.75%
Harbour Energy (HBR) 312.90p -1.73%
Melrose Industries (MRO) 128.50p -1.53%
Ashtead Group (AHT) 5,012.00p -1.45%
Airtel Africa (AAF) 121.80p -1.38%
Sage Group (SGE) 801.80p -1.21%
Admiral Group (ADM) 2,036.00p -1.12%
Scottish Mortgage Inv Trust (SMT) 787.80p -1.08%
SSE (SSE) 1,723.00p -0.98%

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Lloyds Bank is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Lloyds and Lloyds Bank are trading names of Halifax Share Dealing Limited. The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.