FTSE 100 movers: Pearson leads as retailers slide

Pearson led the upside after Morgan Stanley upgraded the publisher from 'equal weight' to 'overweight', citing the increased size of its market.

Barclays helped lift Royal Dutch Shell, which reiterated its 'overweight' rating on the oil group.

WPP shares climbed after the group announced a strategic investment in Indigenous Media, a new digital studio that produces scripted content and develops channel brands for content distribution.

Meanwhile, Liberum Capital retained its 'sell' recommendation for Intu Properties, pushing the stock into the red.

The retail sector was a poor performer, dragged lower by readacross from Asos and N Brown.

SABMiller pulled back after a 10% surge on Monday after rumours that AB InBev was readying a takeover bid for the Peroni and Grolsch maker. Markets were also still reacting to the announcement that Heineken had rejected an initial approach from SABMiller.

FTSE 100 - Risers
Pearson (PSON) 1,227.00p +1.74%
Babcock International Group (BAB) 1,049.00p +0.87%
Royal Dutch Shell 'A' (RDSA) 2,409.00p +0.86%
Royal Dutch Shell 'B' (RDSB) 2,498.00p +0.73%
Royal Bank of Scotland Group (RBS) 349.20p +0.72%
WPP (WPP) 1,267.00p +0.56%
GlaxoSmithKline (GSK) 1,440.00p +0.56%
Reed Elsevier (REL) 1,001.00p +0.55%
GKN (GKN) 342.20p +0.50%
BG Group (BG.) 1,159.00p +0.48%

FTSE 100 - Fallers
Sports Direct International (SPD) 670.00p -2.90%
St James's Place (STJ) 677.00p -2.52%
International Consolidated Airlines Group SA (CDI) (IAG) 365.10p -2.12%
Tullow Oil (TLW) 686.00p -2.07%
Hargreaves Lansdown (HL.) 968.00p -1.97%
Intu Properties (INTU) 334.60p -1.91%
Petrofac Ltd. (PFC) 1,035.00p -1.90%
ARM Holdings (ARM) 921.00p -1.81%
CRH (CRH) 1,423.00p -1.79%
Severn Trent (SVT) 1,931.00p -1.78%