FTSE 100 movers: Prudential pushes higher; AstraZeneca in the red

London’s FTSE 100 was up 1.4% at 7,638.84 in afternoon trade on Monday.

Asia-focused insurer Prudential was among the top performers on index, with traders pointing to the end of Covid restrictions in China.

Melrose Industries gained after saying it had sold its Ergotron business to funds managed by The Sterling Group for $650m (£520m) in cash.

Miners Anglo American and Rio Tinto were also trading up as metals prices advanced.

Going the other way, AstraZeneca was weaker even as the pharmaceuticals group said that a breast cancer treatment developed by it and Daiichi Sankyo had been shown to double the progression-free survival rates of patients compared with chemotherapy.

FTSE 100 - Risers

Endeavour Mining (EDV) 1,895.00p 5.04%
Prudential (PRU) 1,067.00p 4.81%
Rolls-Royce Holdings (RR.) 92.96p 4.77%
Ocado Group (OCDO) 947.80p 4.31%
Melrose Industries (MRO) 138.25p 3.64%
Informa (INF) 556.80p 3.61%
SSE (SSE) 1,823.50p 3.58%
Ashtead Group (AHT) 4,151.00p 3.49%
Anglo American (AAL) 3,981.50p 3.42%
Rio Tinto (RIO) 5,949.00p 3.32%

FTSE 100 - Fallers

AstraZeneca (AZN) 10,156.00p -2.74%
BT Group (BT.A) 185.00p -1.39%
Standard Chartered (STAN) 626.80p -0.95%
Bunzl (BNZL) 2,788.00p -0.82%
Vodafone Group (VOD) 126.00p -0.55%
Dechra Pharmaceuticals (DPH) 3,556.00p -0.34%
Entain (ENT) 1,456.50p -0.24%
Flutter Entertainment (CDI) (FLTR) 9,272.00p -0.11%
Meggitt (MGGT) 774.80p -0.03%
GSK (GSK) 1,708.00p 0.01%