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FTSE 100 movers: Smiths rises; housebuilders hit by Deutsche note
(Sharecast News) - London's FTSE 100 was up 0.6% at 7,930.23 in quiet afternoon trade on Monday, amid a dearth of corporate news. Smiths Group was in the black, along with Weir, after Goldman Sachs reinstated coverage of the stocks at 'buy'.
On the downside, housebuilders slumped after a slew of downgrades by Deutsche Bank. It cut Barratt and Taylor Wimpey to 'hold' and Persimmon to 'sell'.
FTSE 100 - Risers
Spirax-Sarco Engineering (SPX) 11,975.00p 3.06% Weir Group (WEIR) 1,840.50p 2.25% Unilever (ULVR) 4,223.00p 2.19% Croda International (CRDA) 6,846.00p 2.03% Smiths Group (SMIN) 1,784.00p 1.97% Smurfit Kappa Group (CDI) (SKG) 3,274.00p 1.90% BAE Systems (BA.) 865.40p 1.84% Pershing Square Holdings Ltd NPV (PSH) 2,965.00p 1.72% Rolls-Royce Holdings (RR.) 109.28p 1.67% Abrdn (ABDN) 209.80p 1.60%
FTSE 100 - Fallers
Persimmon (PSN) 1,437.00p -3.62% Taylor Wimpey (TW.) 118.00p -3.08% BT Group (BT.A) 132.85p -2.32% Barratt Developments (BDEV) 461.50p -2.31% Ocado Group (OCDO) 627.60p -1.20% Berkeley Group Holdings (The) (BKG) 4,247.00p -1.05% WPP (WPP) 981.40p -0.69% Vodafone Group (VOD) 91.48p -0.65% M&G (MNG) 198.15p -0.55% Johnson Matthey (JMAT) 2,234.00p -0.53%
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