|
The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. ---------- FTSE 100 winners ---------- Rolls-Royce Group PLC, up 5.7% at 1,196.5p, Wells Fargo starts at ’overweight’ Antofagasta PLC, up 5.4% at 3,507.5p Babcock International Group PLC, up 4.8% at 1,213p, Citigroup upgrade and UK interim contract St James’s Place PLC, up 4.8% at 1,232.75p International Consolidated Airlines Group SA, up 4.7% at 366.2p, peace hope lifts travel ---------- FTSE 100 losers ---------- Berkeley Group Holdings PLC, down 17% at 2,833p, warns on tough outlook BP PLC, down 2.5% at 591.3p, tracks oil lower Shell PLC, down 1.8% at 3,519.25p Barratt Redrow PLC, down 1.7% at 255.8p, negative Berkeley Group read across Persimmon PLC, down 1.2% at 1,055.75p ---------- FTSE 250 winners ---------- Goodwin PLC, up 8.9% at 12,200p, fell 54% last month Raspberry Pi Holdings PLC, up 8.8% at 467.7p, extends gains after 47% stride on Tuesday Wizz Air Holding PLC, up 6.0% at 900.5p Schroder Asian Total Return Investment Co PLC, up 5.4% at 590p, investees rise in Asia Saga PLC, up 5.3% at 491.5p ---------- FTSE 250 losers ---------- Harbour Energy PLC, down 4.3% at 287p, oil price falls Ithaca Energy PLC, down 3.7% at 248.5p Hunting PLC, down 2.3% at 484.5p Vistry Group PLC, down 2.1% at 325.1p AO World PLC, down 1.7% at 85.15p ---------- FTSE 100 & 250 movers in focus: ---------- Berkeley Group Holdings PLC, down 17% at 2,833p, 12-month range 2,796.00p-4,442.00p. The stock hits this one-year low on Wednesday as it announces it will stop buying new land and cut work in progress as the Iran war and a tough economic backdrop weighs on the UK housing market. The Surrey, England-based housebuilder says it was taking ‘decisive action to maximise long term shareholder value’ by re-phasing the delivery of its ’Berkeley 2035’ strategy over the four years to 2030. Berkeley anticipates delivering above £1.4 billion of pretax profit, over financial 2027 to 2030, which analysts at RBC Capital Markets said was 29% below Visible Alpha consensus of £1.98 billion. ---------- Babcock International Group PLC, up 4.8% at 1,213p, 12-month range 600.94p-1,527.00p. Citigroup lifts the defence contractor to ’buy’ from ’neutral’. In addition, Babcock on says a bridging pact has been struck with the UK Ministry of Defence for a maritime support deal, while talks for a longer contract progress. The bridging agreement under the future maritime support programme spans six months. The five-year FMSP support contract had concluded on Tuesday. ‘A letter of intent from the MOD sits alongside the bridging agreement and reinforces the commitment to a long-term strategic relationship,’ it adds. ---------- Wizz Air Holdings PLC, up 5.3% at 894.70 pence, 12-month range 832.00p-1,778.00p. Travel stocks jump after the latest remarks from Donald Trump suggest and end to the Middle East conflict could be on the horizon. ‘We’re not going to be there too much longer,’ Trump told the New York Post in an interview published on Tuesday. Brent traded at $101.65 a barrel on Wednesday morning, falling as low as around $98. A loftier oil price means more in jet fuel costs for airlines. ---------- Schroder Asian Total Return Investment Co PLC, up 5.4% at 590p, 12-month range 384.00p-658.00p. The Middle East peace hope meant stocks in Asia got a boost, Schroder Asian Total Return’s investees included. Taiwan Semiconductor Manufacturing Co Ltd, its largest individual holding, shot up 5.4%. Samsung Electronics Co Ltd jumped 13%. ---------- Anglo American PLC, up 5.3% at 3,348.00, 12-month range 1,900.01p-3,877.00p. Mining is an energy-intensive industry so an oil price decline can ease inflationary pressure. Back in 2022, when there was an energy price shock in the wake of Russia’s invasion of Ukraine, Anglo American saw a 30% fall in earnings before interest, tax, depreciation and amortisation, an outcome it said ‘ reflects inflationary headwinds and higher energy prices’. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|