London’s FTSE 100 was up 0.1% at 6,532.25 in afternoon trade on Thursday.
Coca-Cola HBC fizzed higher after it reported a drop in full-year profit and revenue but said it had seen improving volume trends in the second half.
Product testing and certification company Intertek was boosted by an upgrade to ‘overweight’ at Morgan Stanley.
Ladbrokes owner Entain was a high riser after it extended the acceptance deadline for its acquisition of Enlabs, standing firm on its offer despite some recoil from Enlabs shareholders.
Information business provider Relx was up after it lifted its dividend by 3% and signalled a return to pre-Covid trends for its science, risk and legal units but said a recovery in its exhibitions arm remained uncertain.
Shopping centre owner Land Securities was in the red, likely on ongoing worries about the impact of Covid-related closures.
FTSE 100 – Risers
Coca-Cola HBC AG (CDI) (CCH) 2,403.00p 6.33%
Intertek Group (ITRK) 5,790.00p 3.58%
Entain (ENT) 1,366.50p 3.52%
Avast (AVST) 505.00p 2.81%
Relx plc (REL) 1,819.00p 2.59%
Halma (HLMA) 2,526.00p 2.47%
Burberry Group (BRBY) 1,762.00p 2.41%
Pershing Square Holdings Ltd NPV (PSH) 2,600.00p 2.16%
Ashtead Group (AHT) 3,918.00p 2.14%
Smith (DS) (SMDS) 378.00p 2.02%
FTSE 100 – Fallers
Land Securities Group (LAND) 609.60p -2.31%
Royal Dutch Shell ‘B’ (RDSB) 1,278.60p -2.10%
Fresnillo (FRES) 1,012.00p -2.08%
Next (NXT) 7,526.00p -2.06%
Royal Dutch Shell ‘A’ (RDSA) 1,336.60p -1.95%
Anglo American (AAL) 2,660.50p -1.94%
NATWEST GROUP PLC ORD 100P (NWG) 171.90p -1.88%
International Consolidated Airlines Group SA (CDI) (IAG) 147.45p -1.63%
Sainsbury (J) (SBRY) 229.10p -1.63%
Barclays (BARC) 145.28p -1.63%
