London’s FSE0 100 was down 0.4% at 7,137.52 in afternoon trade on Friday as investors mulled the latest non-farm payrolls report.
GKN owner Melrose was a high riser for the second day running after well-received results on Thursday.
Miners were on the front foot, with Anglo American, BHP, Glencore and Rio all up as copper prices rose.
Polymetal was also in the black after Citi reiterated its ‘buy’ rating on the stock as it said the investment case is getting back on track. The bank noted that for more than a decade, Polymetal’s stock was driven by consistent delivery on volume growth and low cost position.
“We see both these drivers strengthening once again in the next 6-12 months, after a brief period of flat volume and cost increase,” it said.
On the downside, Ocado and Just Eat – both of which have benefitted from Covid restrictions and lockdowns – were among the fallers.
FTSE 100 – Risers
Fresnillo (FRES) 863.20p 3.60%
Melrose Industries (MRO) 188.15p 2.12%
Reckitt Benckiser Group (RKT) 5,687.00p 1.74%
Anglo American (AAL) 3,117.50p 1.40%
BHP Group (BHP) 2,133.50p 1.26%
Glencore (GLEN) 333.15p 1.22%
Polymetal International (POLY) 1,450.50p 1.15%
Land Securities Group (LAND) 737.80p 1.12%
Rio Tinto (RIO) 5,454.00p 0.89%
Legal & General Group (LGEN) 279.00p 0.87%
FTSE 100 – Fallers
Ocado Group (OCDO) 2,001.00p -4.26%
Bunzl (BNZL) 2,589.00p -2.38%
Just Eat Takeaway.Com N.V. (CDI) (JET) 6,864.00p -2.04%
Compass Group (CPG) 1,485.00p -1.92%
Whitbread (WTB) 3,190.00p -1.91%
Pershing Square Holdings Ltd NPV (PSH) 2,575.00p -1.90%
InterContinental Hotels Group (IHG) 4,590.00p -1.88%
Intermediate Capital Group (ICP) 2,253.00p -1.74%
International Consolidated Airlines Group SA (CDI) (IAG) 157.12p -1.70%
Auto Trader Group (AUTO) 631.00p -1.68%
