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The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Monday. ---------- FTSE 100 winners ---------- Relx PLC, up 2.9% at 2,400.50p Experian PLC, up 2.6% at 2,712.50p St James’s Place PLC, up 2.6% at 1,336.50p, extends Friday’s gains after UBS ups price target BAE Systems PLC, up 2.4% at 2,028.50p, European defence stocks rise ahead of Nato meeting Babcock International Group PLC, up 2.2% at 1,061.50p ---------- FTSE 100 losers ---------- Fresnillo PLC, down 2.2% at 2,858.50p Halma PLC, down 1.9% at 3,936.00p Diploma PLC, down 1.5% at 7,090.00p Airtel Africa PLC, down 1.3% at 338.80p Games Workshop Group PLC, down 1.2% at 20,880.00p ---------- FTSE 250 winners ---------- easyJet PLC, up 10% at 616.40p, reaches ‘agreement in principle’ with Castlelake for $6.7 billion takeover Baltic Classifieds Group PLC, up 4.9% at 181.45p WPP Group PLC, up 3.9% at 260.55p Funding Circle Holdings PLC, up 3.8% at 175.60p Hays PLC, up 3.6% at 35.52p ---------- FTSE 250 losers ---------- Close Brothers Group PLC, down 5.0% at 418.00p, RBC cuts broker rating to ’sector perform’ from ’outperform’, and lowers price target to 470p from 625p Ceres Power Holdings PLC, down 2.9% at 511.75p Renishaw PLC, down 2.8% at 4,911.00p Ocado Group PLC, down 2.6 at 178.97p, agrees for founder Tim Steiner to stay CEO until 2028 Drax Group PLC, down 2.5% at 752.75p ---------- FTSE 100 & 250 movers in focus: ---------- BAE Systems PLC, up 2.4% at 2,028.50 pence, 12-month range 1,529.00p-2,360.00p. Defence stocks strengthen as investor attention returns to the war in Ukraine ahead of this week’s Nato summit in Ankara. US President Donald Trump held separate calls with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky, with the Kremlin saying the leaders discussed prospects for a settlement as well as the upcoming summit. Meanwhile, Kyiv rejected Moscow’s claim that Russian forces had captured the strategic eastern city of Kostyantynivka, highlighting the continued intensity of the conflict. ---------- easyJet PLC, up 10% at 616.40 pence, 12-month range 332.60p-622.26p. Reaches an ‘agreement in principle’ with Castlelake on the key financial terms of a possible recommended takeover at £6.90 per share in cash, including a partial unlisted share alternative. The revised proposal values the airline at more than £5 billion, or $6.7 billion. The airline says its board would be minded to recommend an offer on those terms, subject to due diligence and agreement of definitive documentation. The UK Takeover Panel has extended the ‘put up or shut up’ deadline, giving Castlelake until August 3 to announce a firm offer or walk away. ---------- Close Brothers Group PLC, down 5.0% at 418.00 pence, 12-month range 318.40p-563.50p. RBC Capital Markets downgrades the merchant bank to ’sector perform’ from ’outperform’ and cuts its price target to 470p from 625p. ---------- ITV PLC, up 1.4% at 82.90 pence, 12-month range 65.70p-88.90p. Agrees to sell its Media & Entertainment business to Sky for up to £1.6 billion, paving the way for ITV Studios to become a standalone global content business. The broadcaster expects to return around £950 million to shareholders following completion, after first reducing leverage, while retaining Love Productions as part of the consideration. ITV and Sky will also enter a long-term content partnership with a minimum £2.1 billion programming commitment over 2028 to 2032. The transaction is expected to complete in the second half of 2027, and ITV says its outlook for the current year is unchanged. ---------- Ocado Group PLC, down 2.6% at 178.97 pence, 12-month range 165.66p-397.90p. Says founder Tim Steiner will remain chief executive until the start of financial 2028 as part of a planned leadership transition, providing clarity after recent speculation over his future prompted a shareholder backlash. The online grocer and warehouse technology company says the board and Steiner have been engaged in a ‘thoughtful and collaborative’ succession planning process, with Steiner to remain actively involved through 2029 after a successor is appointed, advising the board and management team and supporting customer relationships. The announcement follows reports that major shareholders opposed efforts by Chair Adam Warby to replace Steiner amid setbacks in Ocado’s technology business. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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