FTSE 100 movers: Miners take a hit; GSK rallies on trial results

by | Jun 10, 2022

London’s FTSE 100 was down 1.9% at 7,337.82 in afternoon trade on Friday.
Anglo American was the worst performer on the index, while Glencore also fell as miners took a hit. Traders pointed to fresh Covid lockdowns in Shanghai and Beijing, with China a big consumer of metals.

GKN owner Melrose Industries was also in the red, having rallied earlier in the week after it launched a £500m share buyback.

On the upside, GlaxoSmithKline was a high riser after saying that its vaccine for respiratory syncytial virus had shown “statistically significant and clinically meaningful efficacy” in adults aged 60 years and above in a phase 3 trial.

The company said the primary endpoint of the trial was “exceeded with no unexpected safety concerns observed” and would now start talks with regulators to start immediately with anticipated regulatory submissions in the second half of the year.

FTSE 100 – Risers

Aveva Group (AVV) 2,431.00p 2.23%
Sainsbury (J) (SBRY) 211.60p 1.05%
GSK (GSK) 1,725.60p 0.92%
Kingfisher (KGF) 248.00p 0.53%
Pearson (PSON) 739.40p 0.52%
Intermediate Capital Group (ICP) 1,483.00p 0.37%
Avast (AVST) 482.50p 0.17%
Meggitt (MGGT) 772.80p 0.08%
Ocado Group (OCDO) 915.70p 0.03%
3i Group (III) 1,166.50p 0.00%

FTSE 100 – Fallers

Anglo American (AAL) 3,654.00p -6.42%
Melrose Industries (MRO) 155.90p -5.11%
CRH (CDI) (CRH) 3,051.50p -4.31%
Scottish Mortgage Inv Trust (SMT) 765.80p -4.13%
RS Group (RS1) 878.50p -3.94%
Antofagasta (ANTO) 1,428.50p -3.74%
Prudential (PRU) 992.00p -3.74%
Legal & General Group (LGEN) 244.50p -3.59%
JD Sports Fashion (JD.) 117.25p -3.50%
Glencore (GLEN) 515.00p -3.41%

Related articles

Trending stories

Join our mailing list

Subscribe to our mailing list to receive regular updates!

x