FTSE 100 movers: LSE recovers some ground; Rightmove retreats

Wed 09 Oct 2019

LONDON (SHARECAST) - (Sharecast News) - London's FTSE 100 was up 0.3% at 7,162.67 in afternoon trade on Wednesday amid renewed hopes over a Sino-US trade deal.
London Stock Exchange was the standout gainer, having fallen sharply on Tuesday after Hong Kong Exchanges and Clearing said it was ditching its 32bn offer for the company.

JPMorgan resumed coverage of LSE shares at 'overweight'. It said the combination with Refinitiv "complements the existing LSEG business by increasing geographical exposure/recurring revenue streams and elevates the LSEG's position in the global market infrastructure space".

Hargreaves Lansdown was also on the rise after a re-initiation at 'buy' by Liberum.

BT was also on the front foot as it outlined a series of upgrades and new initiatives and a major update to its broadband service.

On the downside, shares of online property portal Rightmove were under pressure, with some traders attributing the move lower to Brexit worries.

FTSE 100 - Risers

London Stock Exchange Group (LSE) 7,186.00p 2.36%
Hargreaves Lansdown (HL.) 1,805.00p 1.89%
Anglo American (AAL) 1,849.00p 1.79%
Imperial Brands (IMB) 1,869.80p 1.54%
BT Group (BT.A) 178.72p 1.46%
CRH (CRH) 2,641.00p 1.38%
Land Securities Group (LAND) 831.80p 1.36%
Carnival (CCL) 3,119.00p 1.23%
Rolls-Royce Holdings (RR.) 735.20p 1.21%
BP (BP.) 507.30p 1.14%

FTSE 100 - Fallers

Rightmove (RMV) 525.60p -2.27%
Centrica (CNA) 67.82p -2.25%
Halma (HLMA) 1,892.00p -2.17%
Next (NXT) 5,866.00p -1.68%
Pearson (PSON) 697.60p -1.44%
Fresnillo (FRES) 679.80p -1.31%
Taylor Wimpey (TW.) 144.00p -1.30%
United Utilities Group (UU.) 790.80p -1.20%
Sainsbury (J) (SBRY) 204.40p -1.16%
Phoenix Group Holdings (PHNX) 656.60p -1.14%
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