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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: Beazley gains again; Burberry in the red

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,173.07 in afternoon trade on Friday.

Beazley was on the rise again, having surged to the top of the index on Thursday after it delivered a record first-half profit of $728.9m.

Miners Antofagasta and Glencore were both higher after data showed that consumer price inflation accelerated more than expected in July in China.

Entain also rallied for the second day in a row after the sports betting and gaming group lifted its full-year guidance on Thursday following a stronger-than-expected second quarter.

On the downside, luxury fashion brand Burberry was the worst performer, closely followed by Spirax-Sarco, whose results on Thursday revealed lower-than-expected first-half pre-tax profit amid challenging trading conditions.

FTSE 100 - Risers

easyJet (EZJ) 436.10p 3.02% Beazley (BEZ) 725.50p 2.83% United Utilities Group (UU.) 988.20p 2.11% JD Sports Fashion (JD.) 124.90p 1.88% Antofagasta (ANTO) 1,845.50p 1.74% Rolls-Royce Holdings (RR.) 484.80p 1.68% Glencore (GLEN) 409.70p 1.61% Taylor Wimpey (TW.) 156.15p 1.59% Entain (ENT) 557.80p 1.42% NATWEST GROUP (NWG) 332.90p 1.37%

FTSE 100 - Fallers

Burberry Group (BRBY) 684.40p -2.31% Spirax Group (SPX) 7,740.00p -2.03% Pershing Square Holdings Ltd NPV (PSH) 3,554.00p -1.88% Smurfit Westrock (DI) (SWR) 3,064.00p -1.79% Centrica (CNA) 123.60p -1.12% Schroders (SDR) 335.00p -1.00% Smith & Nephew (SN.) 1,166.00p -0.98% DCC (CDI) (DCC) 5,135.00p -0.96% Lloyds Banking Group (LLOY) 56.66p -0.74% Weir Group (WEIR) 1,890.00p -0.74%

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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.

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