Source: Sharecast
Airtel Africa was the top gainer, having fallen sharply a day earlier on the back of results.
BP gushed higher after it was reported that a range of possible suitors were running a slide rule over the oil and gas major.
According to the Financial Times, Shell, Chevron, ExxonMobil, TotalEnergies and Abu Dhabi’s Adnoc have run the numbers on a potential acquisition. Oil trader Vitol, meanwhile, is also thought to be potentially interested in parts of the business.
IAG flew higher after the British Airways and Iberia owner held annual guidance after a surge in first-quarter operating profits, adding that second quarter revenue was ahead of last year.
Operating profit before exceptional items increased by €130m to €198m as strong revenue growth and a lower fuel price offset expected cost increases, IAG said.
JD Sports was also among the gainers. Russ Mould, investment director at AJ Bell, pointed to the US-UK trade deal struck on Thursday and to the fact that JD does business in the US.
Haleon was also in the black after an upgrade to ‘overweight’ by Morgan Stanley.
Rightmove fell as it reiterated its full-year 2025 guidance, expecting 8% to 10% revenue growth and a 70% underlying operating profit margin, supported by continued ARPA growth and rising membership across its core business.
FTSE 100 - Risers
Airtel Africa (AAF) 163.40p 4.74%
BP (BP.) 368.40p 3.63%
Fresnillo (FRES) 1,063.00p 3.20%
International Consolidated Airlines Group SA (CDI) (IAG) 298.30p 2.76%
JD Sports Fashion (JD.) 86.52p 2.39%
Associated British Foods (ABF) 2,068.00p 1.97%
Kingfisher (KGF) 301.60p 1.69%
Haleon (HLN) 405.70p 1.63%
BT Group (BT.A) 165.10p 1.60%
Informa (INF) 783.40p 1.40%
FTSE 100 - Fallers
BAE Systems (BA.) 1,686.00p -3.44%
British American Tobacco (BATS) 3,161.00p -2.41%
Babcock International Group (BAB) 844.50p -1.80%
Imperial Brands (IMB) 3,028.00p -1.72%
Unite Group (UTG) 831.00p -1.66%
Taylor Wimpey (TW.) 117.15p -1.64%
Persimmon (PSN) 1,339.50p -1.51%
Rightmove (RMV) 734.60p -1.26%
InterContinental Hotels Group (IHG) 8,668.00p -1.16%
Next (NXT) 12,215.00p -1.09%
