FTSE 100 movers: Barclays jumps after appointing new chairman
Barclays jumped on the news it has appointed John McFarlane as chairman to replace David Walker, who will step down following the bank’s annual general meeting in 2015. McFarlane, who is currently chairman of Aviva and FirstGroup, will take on the role on 1 January.
Anglo American
1,951.80p
16:40 28/03/24
Associated British Foods
2,498.00p
17:05 28/03/24
BHP Group Limited NPV (DI)
2,275.00p
16:40 28/03/24
Fresnillo
469.90p
17:05 28/03/24
GKN
482.40p
17:00 18/05/18
Glencore
435.30p
17:05 28/03/24
Engineer GKN was boosted by an upgrade to 'overweight' by Barclays Capital, while leisure group Whitbread fell after a UBS downgraded it to 'sell'.
Miners were putting in a mixed performance with Rio Tinto and BHP Billiton in positive territory and Anglo American and Glencore in the red.
Fresnillo registered a modest decline after proposing to spend $450m on buying out its joint venture partner to take full ownership of certain assets in the Herradura Corridor, one of Mexico's most prospective gold belts.
Berenberg knocked Associated British Foods lower after cutting its target price from 3,060p to 2,850p.