FTSE 100 movers: Dollar-earners rally; housebuilders drop
London’s FTSE 100 was little changed at 6,553.48 in afternoon trade on Monday, faring better than its European counterparts as sterling slid on Brexit woes.
Dollar earners such as British American Tobacco, Imperial Brands and Diageo all rallied as sterling tumbled on the back of worries about Brexit.
Vodafone was boosted by an upgrade to ‘buy’ at Redburn.
On the downside, housebuilders Berkeley Group, Persimmon and Barratt Developments were all weaker amid worries about Brexit. This was despite solid figures from Halifax, which showed the house price index rose to a fresh four-year high in November.
Banks were also weaker, with Lloyds, NatWest and Standard Chartered all down.
FTSE 100 - Risers
British American Tobacco (BATS) 2,829.50p 3.99%
Smurfit Kappa Group (SKG) 3,396.00p 3.73%
Imperial Brands (IMB) 1,510.50p 2.97%
United Utilities Group (UU.) 930.60p 2.58%
Flutter Entertainment (FLTR) 15,165.00p 2.47%
Scottish Mortgage Inv Trust (SMT) 1,123.00p 2.00%
Smith (DS) (SMDS) 347.90p 1.87%
Diageo (DGE) 2,986.50p 1.84%
Vodafone Group (VOD) 132.52p 1.81%
Mondi (MNDI) 1,713.50p 1.81%
FTSE 100 - Fallers
Berkeley Group Holdings (The) (BKG) 4,453.00p -6.53%
Lloyds Banking Group (LLOY) 37.19p -4.70%
Persimmon (PSN) 2,739.00p -4.50%
Whitbread (WTB) 3,161.00p -4.36%
DCC (DCC) 5,522.00p -4.23%
JD Sports Fashion (JD.) 789.20p -3.36%
NATWEST GROUP PLC ORD 100P (NWG) 165.05p -3.31%
Legal & General Group (LGEN) 253.90p -2.94%
Barratt Developments (BDEV) 634.60p -2.91%
Standard Chartered (STAN) 477.90p -2.45%