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: JD Sports slumps on CFO departure; banks fall

(Sharecast News) - London's FTSE 100 was down 0.8% at 6,830.55 in afternoon trade on Wednesday. JD Sports Fashion tumbled after the sportwear retailer said chief financial officer Neil Greenhalgh plans to step down next year.

Housebuilder Barratt Developments suffered heavy losses as it said new home sales were falling as higher costs and fewer mortgages amid the cost-of-living crisis were deterring customers.

"The outlook for the year is less certain with the availability and pricing of mortgages critical to the long-term health of the UK housing market," Barratt said.

Peers Persimmon and Taylor Wimpey also lost ground.

Banks were under the cosh, with Lloyds, Barclays and NatWest all lower.

FTSE 100 - Risers

Pershing Square Holdings Ltd NPV (PSH) 2,665.00p 1.14% Scottish Mortgage Inv Trust (SMT) 746.40p 1.14% AstraZeneca (AZN) 9,925.00p 1.02% Spirax-Sarco Engineering (SPX) 10,560.00p 1.00% Croda International (CRDA) 6,570.00p 0.83% Dechra Pharmaceuticals (DPH) 2,578.00p 0.70% Bunzl (BNZL) 2,682.00p 0.68% Centrica (CNA) 69.82p 0.66% Burberry Group (BRBY) 1,877.50p 0.64% Diageo (DGE) 3,684.50p 0.63%

FTSE 100 - Fallers

JD Sports Fashion (JD.) 90.28p -9.23% Barratt Developments (BDEV) 315.80p -7.93% Persimmon (PSN) 1,131.00p -6.80% Lloyds Banking Group (LLOY) 39.02p -5.95% Barclays (BARC) 132.64p -5.37% Ocado Group (OCDO) 396.10p -4.44% Taylor Wimpey (TW.) 85.68p -4.08% Legal & General Group (LGEN) 203.70p -4.05% B&M European Value Retail S.A. (DI) (BME) 300.50p -4.02% NATWEST GROUP (NWG) 212.80p -3.97%

Share this article

Related Sharecast Articles

FTSE 250 movers: Direct Line in the red, Ithaca Energy rebounds
(Sharecast News) - The FTSE 250 remained just above the waterline in Friday afternoon trading as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium.
FTSE 250 movers: Hays, Derwent London and Bank of Georgia in demand
(Sharecast News) - The second-tier index was edging higher on Thursday with Hays, Derwent London and Bank of Georgia providing a lift, offsetting weakness among ex-dividend stocks.
FTSE 100 movers: JD Sports gains on Q2 results; L&G goes ex-div
(Sharecast News) - London's FTSE 100 was flat at 8,285.99 in afternoon trade on Thursday.
FTSE 100 movers: JD Sports gains ahead of update; utilities drop
(Sharecast News) - London's FTSE 100 was flat at 8,275.03 in afternoon trade on Wednesday.

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.