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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: Ocado rallies; Prudential gives back some gains

(Sharecast News) - London's FTSE 100 was up 0.2% at 7,486.30 in afternoon trade on Thursday. Online supermarket Ocado was the top gainer on the index, closely followed by engine maker Rolls-Royce.

Glencore and Endeavour Mining were both in the red as they traded without entitlement to the dividend.

Asia-focused Prudential was on the back foot, having surged a day earlier after it posted a better-than-expected 6% rise in first-half operating profits as Chinese investors bought its products in Hong Kong after Covid restrictions were lifted. It also outlined a new investment strategy pivot towards Asia.

FTSE 100 - Risers

Ocado Group (OCDO) 824.80p 3.96% Rolls-Royce Holdings (RR.) 222.30p 2.54% Flutter Entertainment (CDI) (FLTR) 14,565.00p 2.50% International Consolidated Airlines Group SA (CDI) (IAG) 164.60p 2.11% Abrdn (ABDN) 167.05p 1.98% Sainsbury (J) (SBRY) 273.00p 1.98% JD Sports Fashion (JD.) 146.05p 1.95% Kingfisher (KGF) 235.40p 1.90% Anglo American (AAL) 2,123.00p 1.75% Hiscox Limited (DI) (HSX) 1,007.00p 1.72%

FTSE 100 - Fallers

Glencore (GLEN) 423.80p -3.39% Endeavour Mining (EDV) 1,624.00p -1.81% Diageo (DGE) 3,280.50p -1.20% Prudential (PRU) 988.40p -1.14% Melrose Industries (MRO) 516.60p -1.03% Reckitt Benckiser Group (RKT) 5,716.00p -0.94% Fresnillo (FRES) 578.60p -0.79% Hargreaves Lansdown (HL.) 765.00p -0.68% NATWEST GROUP (NWG) 233.90p -0.55% Burberry Group (BRBY) 2,214.00p -0.40%

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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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