LONDON (ShareCast) - Property giant Land Securities was worst of the blue chips following a downgrade to 'underweight' from 'neutral' at HSBC.

Drug group Shire got a shot in the arm from a Goldman Sachs upgrade to ‘buy’ from ‘neutral’, with price target kept at 1,015p. The broker says the market is overly focused on Vyvanse at expense of the company’s wider portfolio.

But British Airways suffered turbulence and cruises group Carnival headed in the wrong direction on fears about sky-high fuel costs.

HBOS fell below the 275p rights price for its £4bn cash call. New York based hedge fund Harbinger Capital Partners has owned up to taking a short position of 3.29%, sending shares in the Halifax owner sharply lower Monday.

Lloyds TSB has also suffered on talk at the weekend that it wants to buy Dresdner Bank, which has been put on the market by Allianz, the German insurance group, for an estimated £6bn.

FTSE 100 - Risers
Invensys (ISYS) 298.25p +6.04%
Shire Ltd (SHP) 842.50p +5.71%
Thomson Reuters (TRIL) 1,433.00p +3.69%
Tullow Oil (TLW) 985.00p +3.36%
Compass Group (CPG) 369.50p +3.14%
Capita Group (CPI) 712.50p +3.11%
SABMiller (SAB) 1,159.00p +3.11%
AstraZeneca (AZN) 2,157.00p +3.11%
Reed Elsevier (REL) 590.00p +2.70%
National Grid (NG.) 690.00p +2.60%

FTSE 100 - Fallers
Land Securities Group (LAND) 1,275.00p -4.78%
HBOS (HBOS) 270.25p -4.25%
Old Mutual (OML) 100.10p -3.56%
Wolseley (WOS) 430.50p -3.37%
Antofagasta (ANTO) 645.00p -3.01%
British Airways (BAY) 212.25p -2.97%
Barclays (BARC) 299.75p -2.76%
British Land Co (BLND) 745.00p -2.74%
Enterprise Inns (ETI) 394.75p -2.71%
Lloyds TSB Group (LLOY) 318.75p -2.67%

FTSE 250 - Risers
Aggreko (AGK) 709.00p +10.01%
Hunting (HTG) 850.50p +6.11%
Cattles (CTT) 145.25p +6.02%
Tate & Lyle (TATE) 392.50p +4.88%
Premier Oil (PMO) 1,589.00p +4.47%
Soco International (SIA) 2,015.00p +4.40%
Melrose Resources (MRS) 410.50p +4.19%
Daily Mail and General Trust (DMGT) 341.00p +4.04%
Rentokil Initial (RTO) 108.50p +3.83%
WSP Group (WSH) 574.50p +3.70%

FTSE 250 - Fallers
Quintain Estates & Development (QED) 227.25p -9.10%
Taylor Wimpey (TW.) 64.75p -7.17%
Punch Taverns (PUB) 338.00p -6.95%
Bellway (BWY) 492.00p -6.11%
Yell Group (YELL) 81.00p -6.09%
Aquarius Platinum (AQP) 817.00p -5.22%
Michael Page International (MPI) 238.75p -5.07%
Speedy Hire (SDY) 572.00p -4.98%
Workspace Group (WKP) 150.00p -4.76%
SEGRO (SGRO) 376.25p -4.75%

FTSE TechMARK - Risers
Ardana (ARA) 6.63p +111.82%
RM Group (RM.) 193.50p +7.50%
Elan Corporation (ELA) € 21.90 +5.69%
Fidessa (FDSA) 872.00p +5.31%
BATM Advanced (BVC) 55.75p +5.19%
Antisoma (ASM) 25.00p +3.09%
Acambis (ACM) 118.75p +3.04%
Renovo Group (RNVO) 39.25p +2.61%
Puricore (PURI) 21.25p +2.41%
Computacenter (CCC) 142.25p +2.15%

FTSE TechMARK - Fallers
Emblaze (BLZ) 42.50p -5.56%
Ceva Inc (CVA) 355.00p -5.33%
Skyepharma (SKP) 6.30p -5.26%
Imagination Technologies (IMG) 56.00p -4.68%
Phytopharm (PYM) 20.75p -4.60%
Redstone (RED) 60.50p -3.97%
Dialight (DIA) 140.75p -3.60%
NXT (NTX) 14.75p -3.28%
Vectura Group (VEC) 46.50p -3.12%
Plasmon (PLM) 5.00p -2.53%

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