FTSE 100 movers: Meggitt rallies; Tesco in the red
London’s FTSE 100 was up 0.8% at 6,217.41 in afternoon trade on Tuesday.
Meggitt and Melrose Industries were high risers, with traders pointing to the fact that Boeing has resumed some production of the 737 MAX.
British Land and Land Securities were also higher after an upbeat update from Westfield owner Unibail-Rodamco.
On the downside, Tesco fell after saying it is looking for a new chief financial officer after Alan Stewart decided to retire from the supermarket group.
Stewart will leave the company on 30 April when he will have been in the job for more than six years. His decision means Tesco's top two executive jobs will change hands with Ken Murphy due to arrive in October to replace Chief Executive Dave Lewis.
FTSE 100 - Risers
Meggitt (MGGT) 311.50p 8.88%
British Land Company (BLND) 437.70p 7.54%
Melrose Industries (MRO) 126.85p 6.15%
Land Securities Group (LAND) 649.80p 5.11%
Royal Bank of Scotland Group (RBS) 120.75p 4.68%
Lloyds Banking Group (LLOY) 32.21p 4.37%
BP (BP.) 324.55p 4.36%
Legal & General Group (LGEN) 216.00p 4.20%
Compass Group (CPG) 1,245.50p 4.14%
Next (NXT) 5,322.00p 3.90%
FTSE 100 - Fallers
Hargreaves Lansdown (HL.) 1,795.50p -1.97%
Hikma Pharmaceuticals (HIK) 2,447.00p -1.85%
Morrison (Wm) Supermarkets (MRW) 185.70p -1.72%
Ocado Group (OCDO) 2,191.00p -1.70%
Tesco (TSCO) 228.40p -1.51%
Whitbread (WTB) 2,466.00p -1.40%
Smurfit Kappa Group (SKG) 2,634.00p -1.35%
AstraZeneca (AZN) 8,600.00p -1.19%
Imperial Brands (IMB) 1,481.50p -1.10%
BT Group (BT.A) 117.90p -1.01%