FTSE 100 movers: Intertek rallies on update; Kingfisher under pressure

London’s FTSE 100 was flat at 7,467.35 in afternoon trade on Thursday.
Testing, inspection and certification company Intertek rallied as it posted a jump in revenue, hailing robust demand for its ATIC Solutions business and a recovery in China.

In an update for the period from 1 January to end of October, the group said total revenues rose 9% at constant currency, driven by like-for-like revenue growth of 5.2% and the performance of its three recent acquisitions contributing ยฃ120m of revenue.

On the downside, Imperial Brands, Vodafone, National Grid and British Land all fell as they traded without entitlement to the dividend.

B&Q owner Kingfisher was under the cosh as it narrowed its full-year profit guidance despite an improvement in third-quarter sales amid strong demand for energy efficiency products.

FTSE 100 – Risers

Intertek Group (ITRK) 3,983.00p 3.19%
SEGRO (SGRO) 839.40p 2.87%
Intermediate Capital Group (ICP) 1,233.50p 2.62%
United Utilities Group (UU.) 1,076.50p 2.33%
Rolls-Royce Holdings (RR.) 90.34p 2.18%
Associated British Foods (ABF) 1,593.50p 2.15%
Airtel Africa (AAF) 119.50p 1.88%
NATWEST GROUP (NWG) 259.00p 1.85%
Severn Trent (SVT) 2,842.00p 1.75%
Unite Group (UTG) 958.50p 1.75%

FTSE 100 – Fallers

Imperial Brands (IMB) 2,106.00p -3.62%
Vodafone Group (VOD) 92.46p -2.32%
London Stock Exchange Group (LSEG) 8,066.00p -2.02%
Kingfisher (KGF) 248.50p -2.01%
National Grid (NG.) 1,015.00p -1.65%
British Land Company (BLND) 408.70p -1.52%
RS Group (RS1) 963.50p -1.23%
Smiths Group (SMIN) 1,599.00p -1.20%
Bunzl (BNZL) 3,052.00p -1.01%
AstraZeneca (AZN) 10,886.00p -1.00%

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