FTSE 100 movers: Barclays gains on Tiger Global report; Relx retreats on downgrade

London's FTSE 100 was down 0.1% to 7,724.81 in afternoon trade on Monday.

Barclays was the standout gainer following a report that US hedge fund Tiger Global has quietly invested more than $1bn in the bank.

According to the Financial Times, the purchase, which has not been disclosed publicly, makes Tiger Global a top 10 investor in Barclays and suggests the hedge fund expects a rebound in the shares.

NMC Health was on the front foot as it agreed to acquire a United Arab Emirates-based cosmetic surgery business, a medical centre in Saudi Arabia and agreed a new contract to operate and manage two Egyptian hospitals.

Shire advanced, boosted by news that French healthcare group Sanofi has agreed to buy US haemophilia specialist Bioverativ for $11.6bn.

On the downside, Relx, formerly Reed Elsevier, was under the cosh as Morgan Stanley cut the stock to 'equalweight' from 'overweight'.

Risers

Barclays (BARC) 207.65p 3.57%
NMC Health (NMC) 3,392.00p 3.41%
BT Group (BT.A) 270.10p 2.27%
Anglo American (AAL) 1,787.60p 1.80%
Shire Plc (SHP) 3,517.00p 1.62%
Mediclinic International (MDC) 616.60p 1.58%
Burberry Group (BRBY) 1,616.50p 1.25%
Vodafone Group (VOD) 228.20p 1.06%
CRH (CRH) 2,711.00p 1.04%
Evraz (EVR) 396.70p 0.99%

Fallers

Relx plc (REL) 1,600.50p -2.79%
Rentokil Initial (RTO) 308.20p -2.50%
Barratt Developments (BDEV) 604.20p -1.79%
Berkeley Group Holdings (The) (BKG) 4,151.00p -1.66%
Carnival (CCL) 4,900.00p -1.51%
Rolls-Royce Holdings (RR.) 880.00p -1.43%
Hargreaves Lansdown (HL.) 1,901.00p -1.40%
Bunzl (BNZL) 2,001.90p -1.29%
Whitbread (WTB) 3,956.00p -1.22%
International Consolidated Airlines Group SA (CDI) (IAG) 651.00p -1.12%