FTSE 100 movers: Intu Properties gains but Centrica slumps on results
London's FTSE 100 was up 0.1% to 7,306.28 in afternoon as investors digested a slew of corporate releases and the latest retail sales figures from the CBI.
Shopping centre owner Intu Properties rallied after it said full-year underlying earnings rose 7% for 2016 to £200m, primarily due to a 3.6% growth in like-for-like net rental income, which was in line with guidance.
RSA Insurance was a high riser after posting a 25% jump in full-year operating profits to £655m as it lifted its annualised cost savings target for the third time to more than £400m from £350m.
Glencore rose after it said 2016 core profit increased 18% thanks to a rebound in raw material prices.
Paper manufacturer Mondi advanced as it posted a 6% rise in pre-tax profits to €843m (£715m) despite revenues falling by 2% to €6.6bn (£5.5bn).
On the downside, EasyJet, Rio Tinto and HSBC lost ground as their stock went ex-dividend.
Centrica was in the red despite posting a 4% rise in annual adjusted profit.
Barclays was under pressure, reversing earlier gains after it reported fourth-quarter results shy of consensus and cut its dividend, as expected, but said it would complete its restructuring six months earlier than previously planned
GlaxoSmithKline was on the back foot despite posting encouraging results from clinical tests on asthma sufferers of its Relvar Ellipta inhaler treatment, as its stock went ex-dividend.
Risers
Intu Properties (INTU) 294.60p 6.97%
RSA Insurance Group (RSA) 609.50p 5.63%
Glencore (GLEN) 344.00p 5.60%
Mondi (MNDI) 1,906.00p 3.76%
Fresnillo (FRES) 1,556.00p 2.98%
Randgold Resources Ltd. (RRS) 7,630.00p 2.62%
Old Mutual (OML) 221.10p 2.22%
Carnival (CCL) 4,365.00p 1.87%
Anglo American (AAL) 1,333.00p 1.83%
Provident Financial (PFG) 2,881.00p 1.73%
Fallers
easyJet (EZJ) 910.50p -6.52%
Centrica (CNA) 225.40p -3.55%
Rio Tinto (RIO) 3,508.00p -2.77%
HSBC Holdings (HSBA) 661.10p -2.74%
Barclays (BARC) 229.05p -2.59%
Royal Mail (RMG) 408.90p -1.99%
GlaxoSmithKline (GSK) 1,627.50p -1.57%
Kingfisher (KGF) 321.80p -1.41%
Whitbread (WTB) 3,815.00p -1.34%
Diageo (DGE) 2,263.00p -1.27%