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
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
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: Polymetal tumbles; BAE Systems rallies
(Sharecast News) - London's FTSE 100 was down 0.9% at 7,420.89 in afternoon trade on Monday. Anglo-Russian precious metals miner Polymetal and Russian steelmaker Evraz tumbled amid the ongoing crisis in Ukraine.
Shares in paper and packaging maker Mondi slumped as the company said it had suspended operations at its plant in the western Ukrainian city of Lviv due to the Russian invasion.
BP lost ground after the oil giant said it will exit its near-20% holding in state-owned oil company Rosneft in response to Russia's invasion of Ukraine, at an expected cost of around $25bn.
Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: "Just how BP will manage this exit is unclear but it looks like it will be highly difficult for the company to recover anywhere near what was considered to be the full value of the stake, estimated to be $14 billion at the end of 2021 and it will also strip BP of lucrative dividends which were due to pour in from the Russian business."
Going the other way, defence company BAE Systems was the standout gainer amid the crisis in Ukraine and after Germany said over the weekend that it was upping its defence budget.
Housebuilders were in the black, with Barratt, Persimmon and Taylor Wimpey all higher.
FTSE 100 - Risers
BAE Systems (BA.) 722.20p 10.60% Hikma Pharmaceuticals (HIK) 2,083.00p 6.99% Bunzl (BNZL) 2,947.00p 6.78% Rightmove (RMV) 669.80p 4.10% Barratt Developments (BDEV) 596.80p 3.83% Persimmon (PSN) 2,403.00p 3.35% B&M European Value Retail S.A. (DI) (BME) 599.80p 3.09% National Grid (NG.) 1,126.60p 2.36% Taylor Wimpey (TW.) 146.90p 2.26% Intertek Group (ITRK) 5,328.00p 2.07%
FTSE 100 - Fallers
Polymetal International (POLY) 356.50p -55.35% Evraz (EVR) 150.35p -26.55% Mondi (MNDI) 1,576.50p -11.75% Coca-Cola HBC AG (CDI) (CCH) 1,929.00p -9.69% BP (BP.) 355.00p -6.21% HSBC Holdings (HSBA) 508.30p -5.52% Standard Chartered (STAN) 529.20p -5.43% Rolls-Royce Holdings (RR.) 100.52p -5.24% Pearson (PSON) 639.20p -4.97% Prudential (PRU) 1,128.00p -4.73%
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 | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | 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.
