Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks Stock plan guidance
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 100 movers: Fresnillo shines; BP gushes lower
(Sharecast News) - London's FTSE 100 was up 0.6% at 7,961.58 in afternoon trade on Friday. Precious metals miner Fresnillo shone as gold prices rallied.
Tesco, Sainsbury's and Marks & Spencer were among the top risers, recovering from heavy losses a day earlier on the back of a disappointing outlook from Tesco.
Tesco warned on Thursday that profits in the current year could be squeezed, as competition from rivals ramps up.
The UK's biggest grocer said group sales in the year to February 2025, excluding VAT and fuel, had jumped 3.5% to £63.64bn.
Group adjusted operating profits rose 10.6% to £3.13bn, of which retail adjusted operating profit rose 7.7% at £2.97bn.
However, looking to the current year, the supermarket chain adopted a more cautious tone, following a "further increase in the competitive intensity of the UK market".
As a result, it now expects group adjusted operating profit to come in between £2.7bn and £3.0bn in the 2025/26 full year.
BP was under the cosh after saying it expects to report lower first-quarter upstream production than in the previous three months.
In a trading update, the company said it saw slightly higher volumes in oil production and operations, but expected lower output in gas and low-carbon energy. Gas marketing and trading is expected to be "weak", it added.
The shares were also affected by a downgrade to 'neutral' from 'buy' at UBS.
The bank said: "Financial uncertainty makes delivery of the next steps to restore investor confidence more difficult."
FTSE 100 - Risers
Fresnillo (FRES) 982.00p 6.39% Tesco (TSCO) 326.30p 3.72% Glencore (GLEN) 252.35p 3.00% Sainsbury (J) (SBRY) 235.00p 2.71% Haleon (HLN) 375.30p 2.68% Marks & Spencer Group (MKS) 377.90p 2.61% United Utilities Group (UU.) 1,071.00p 2.49% BT Group (BT.A) 160.80p 2.36% Associated British Foods (ABF) 2,005.00p 2.32% Smith & Nephew (SN.) 977.80p 2.11%
FTSE 100 - Fallers
International Consolidated Airlines Group SA (CDI) (IAG) 238.50p -2.93% St James's Place (STJ) 835.40p -2.91% Smurfit Westrock (DI) (SWR) 3,063.00p -2.17% Informa (INF) 670.60p -1.79% BP (BP.) 336.80p -1.41% InterContinental Hotels Group (IHG) 7,678.00p -1.34% Diploma (DPLM) 3,778.00p -1.10% Intermediate Capital Group (ICG) 1,667.00p -0.95% Hiscox Limited (DI) (HSX) 1,102.00p -0.90% Entain (ENT) 533.80p -0.89%
Share this article
Related Sharecast Articles
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.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
