London’s FTSE 100 was down 0.4% at 7,556.74 in afternoon trade on Thursday as investors digested the latest policy announcement from the Bank of England.
BT Group slid after it said it was in talks with Discovery Inc about forming a sports joint venture and reported a 3% drop in profit for the first nine months of the year.
On the upside, Compass rallied to the top of the index after the catering group reported a 39% increase in first-quarter revenue and said revenues had reached 97% of their pre-Covid level.
Banks gained after the Bank of England hikes interest rates to 0.5%, as expected, with Barclays, Lloyds, StanChart and HSBC all higher.
Miners were also on the rise as metals prices gained, with Glencore and Rio Tinto both up.
FTSE 100 – Risers
Compass Group (CPG) 1,747.00p 5.65%
Barclays (BARC) 205.95p 1.43%
Rolls-Royce Holdings (RR.) 116.78p 1.37%
Legal & General Group (LGEN) 295.00p 1.27%
Lloyds Banking Group (LLOY) 53.50p 1.21%
Standard Chartered (STAN) 558.60p 1.20%
Aviva (AV.) 442.10p 1.07%
Glencore (GLEN) 403.40p 1.03%
HSBC Holdings (HSBA) 550.10p 0.68%
Rio Tinto (RIO) 5,390.00p 0.65%
FTSE 100 – Fallers
BT Group (BT.A) 185.40p -5.17%
Ashtead Group (AHT) 5,196.00p -3.60%
Scottish Mortgage Inv Trust (SMT) 1,066.00p -3.57%
Croda International (CRDA) 7,916.00p -3.42%
Flutter Entertainment (CDI) (FLTR) 10,875.00p -3.03%
Aveva Group (AVV) 2,893.00p -2.85%
Ocado Group (OCDO) 1,471.00p -2.74%
Dechra Pharmaceuticals (DPH) 4,130.00p -2.73%
Rightmove (RMV) 649.80p -2.64%
Burberry Group (BRBY) 1,855.50p -2.60%
