Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 100 movers: Mining and oil stocks jump, housebuilders fall

(Sharecast News) - London's benchmark index was trading slightly in the red on Tuesday afternoon as impressive gains in the mining and oil sectors were outweighed by consumer-products stocks and property developers.

Commodities stocks dominated the risers list as the price of gold and oil jumped. Brent crude was up 0.7% at $87.97 a barrel, having touched an earlier high of $89.08, on the back of optimism regarding rising demand in the US and China, along with supply concerns due to rising geopolitical tensions in the Middle East.

Fresnillo, Anglo American, Shell, BP, Glencore, Rio Tinto and Antofagasta were all rising strongly.

Leading the fallers was consumer-goods giant Reckitt Benckiser, which dropped 4%, along sports betting group Entain.

Housebuilders were also firmly in the red after Nationwide data revealed that UK house prices fell 0.2% in March after a 0.7% gain the month before. Persimmon and Taylor Wimpey were both trading with heavy losses, along with other real estate developers Land Securities, Segro and Unite Group.

Biopharma giant AstraZeneca was trading with small losses despite receiving the green light from US regulators for its Voydeva drug.

FTSE 100 - Risers

Fresnillo (FRES) 510.50p 8.64% Anglo American (AAL) 2,041.50p 4.60% Shell (SHEL) 2,716.00p 3.47% BP (BP.) 509.50p 2.78% Glencore (GLEN) 447.30p 2.76% Rio Tinto (RIO) 5,150.00p 2.65% Convatec Group (CTEC) 291.40p 1.75% Beazley (BEZ) 675.00p 1.43% Antofagasta (ANTO) 2,068.00p 1.42% United Utilities Group (UU.) 1,040.50p 1.12%

FTSE 100 - Fallers

Reckitt Benckiser Group (RKT) 4,320.00p -4.26% Entain (ENT) 767.00p -3.81% Ocado Group (OCDO) 439.00p -3.54% Land Securities Group (LAND) 637.00p -3.22% Unite Group (UTG) 948.00p -3.07% Persimmon (PSN) 1,278.00p -2.89% SEGRO (SGRO) 877.80p -2.88% Taylor Wimpey (TW.) 133.25p -2.77% Compass Group (CPG) 2,263.00p -2.58% GSK (GSK) 1,664.50p -2.58%

Share this article

Related Sharecast Articles

Director dealings: Reach CFO makes share sale
(Sharecast News) - Publishing company Reach revealed on Friday that chief financial officer Darren Fisher had disposed of 31,638 ordinary shares in the London-listed firm.
Broker tips: Mondi, BT Group
(Sharecast News) - Citi upgraded its stance on Mondi to 'buy' on Friday, noting that after a difficult couple of years, market headwinds of destocking and lower pricing were reversing across the packaging company's product segments.
London close: Stocks mixed after disappointing retail sales data
(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.
US open: Dow higher following Thursday's heavy losses
(Sharecast News) - Wall Street stocks were in the green early on Friday as America prepared for the Memorial Day long weekend.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.