FTSE 100 movers: Standard Life soars as BP dives on judge ruling
Standard Life surged after saying that it has agreed to sell its Canadian operations for C$4bn (£2.2bn) to Manulife Financial and would return £1.75bn of this to shareholders. The two companies also made a collaboration agreement in principle for Manulife to distribute Standard Life Investments' products via the Canadian company's network in Canada, the US and Asia.
Abrdn
142.65p
09:39 25/04/24
BP
527.00p
09:40 25/04/24
easyJet
545.40p
09:40 25/04/24
Food & Drug Retailers
3,903.29
09:40 25/04/24
FTSE 100
8,098.27
09:40 25/04/24
FTSE 350
4,447.16
09:40 25/04/24
FTSE All-Share
4,400.56
09:40 25/04/24
Life Insurance
5,753.53
09:39 25/04/24
Morrison (Wm) Supermarkets
286.40p
16:55 26/10/21
Oil & Gas Producers
9,678.64
09:40 25/04/24
Tesco
290.80p
09:40 25/04/24
Travel & Leisure
7,624.92
09:39 25/04/24
Standard Life surged after saying that it has agreed to sell its Canadian operations for C$4bn (£2.2bn) to Manulife Financial and would return £1.75bn of this to shareholders. The two companies also made a collaboration agreement in principle for Manulife to distribute Standard Life Investments' products via the Canadian company's network in Canada, the US and Asia.
Budget airline Easyjet was higher after seeing annual traffic pick up slightly in August, with passenger numbers up 8.4% on the year before, compared with the 7.7% increase registered in July.
Meanwhile, BP has been found negligent in the 2010 Gulf of Mexico disaster, a federal judge ruled on Thursday. US District Judge Carl Barbier judge said the energy company is to blame for the biggest offshore oil spill in US history, according to Bloomberg.
Supermarket stocks were also under pressure on Thursday, continuing their recent choppy trade amid ongoing concerns about heightened competition, declining profits, dividend sustainability and a critical government into the industry. The Elliott Report, an inquiry into the industry launched as a result of the horse-meat scandal, has warned that aggressive supermarket buying practices have worsened and that the current price wars exposes the UK to further food crime.
FTSE 100 - Risers
Standard Life (SL.) 419.90p +8.75%
Imperial Tobacco Group (IMT) 2,711.00p +3.04%
SABMiller (SAB) 3,437.50p +2.38%
Carnival (CCL) 2,344.00p +2.36%
Smiths Group (SMIN) 1,345.00p +2.05%
easyJet (EZJ) 1,385.00p +1.54%
Associated British Foods (ABF) 2,921.00p +1.49%
Barclays (BARC) 231.40p +1.45%
Aberdeen Asset Management (ADN) 445.30p +1.44%
London Stock Exchange Group (LSE) 2,089.00p +1.41%
FTSE 100 - Fallers
BP (BP.) 464.10p -4.06%
Hargreaves Lansdown (HL.) 1,045.00p -2.61%
Fresnillo (FRES) 909.00p -2.47%
Tesco (TSCO) 229.30p -1.42%
Sage Group (SGE) 396.10p -1.34%
Petrofac Ltd. (PFC) 1,115.00p -1.24%
Bunzl (BNZL) 1,664.00p -1.19%
Capita (CPI) 1,219.00p -1.06%
Tullow Oil (TLW) 724.50p -0.96%
Morrison (Wm) Supermarkets (MRW) 173.80p -0.86%
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