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: IAG flies lower after Heathrow boss warning; utilities gain
(Sharecast News) - London's FTSE 100 was down 0.3% at 8,641.02 in afternoon trade on Friday. BA and Iberia owner IAG flew lower. It came after the chief executive of Heathrow Airport warned that it could cost as much as £1bn to install a more resilient power system to prevent another outage like last week's, with airlines potentially having to contribute by lifting their prices.
Separately, on Thursday Reuters reported that IAG will consider selling its 20% stake in Air Europa as its Spanish owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company.
IAG's chief executive told Reuters: "It's something that we are going to decide when (Globalia) take a decision about what they do with the company (Air Europa). We can stay or we can leave.
Utilities, which are defensives stocks, were the best performers on the index, with SSE, United Utilities, Severn Trent and National Grid all up.
SSE was also in focus after saying it has promoted its chief commercial officer Martin Pibworth to the CEO position, replacing current boss Alistair Phillips-Davies who will formally leave the company this summer.
FTSE 100 - Risers
Croda International (CRDA) 2,988.00p 3.32% SSE (SSE) 1,595.50p 3.17% United Utilities Group (UU.) 1,005.00p 2.87% Severn Trent (SVT) 2,502.00p 2.63% National Grid (NG.) 1,007.00p 2.61% Land Securities Group (LAND) 553.50p 2.31% LondonMetric Property (LMP) 182.90p 1.84% Sainsbury (J) (SBRY) 241.20p 1.77% Vodafone Group (VOD) 73.52p 1.77% Coca-Cola HBC AG (CDI) (CCH) 3,522.00p 1.67%
FTSE 100 - Fallers
International Consolidated Airlines Group SA (CDI) (IAG) 281.30p -3.27% Melrose Industries (MRO) 500.40p -3.14% CRH (CDI) (CRH) 6,952.00p -2.77% Rolls-Royce Holdings (RR.) 775.80p -2.66% Anglo American (AAL) 2,263.50p -2.52% BP (BP.) 435.20p -2.42% Barclays (BARC) 296.30p -2.37% Spirax Group (SPX) 6,430.00p -2.13% Diploma (DPLM) 3,926.00p -1.95% Entain (ENT) 623.40p -1.83%
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.
