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FTSE 100 movers: ARM falls over Apple Christmas sales speculation

Fri, 18th Dec 2015 14:14

(ShareCast News) - With the US Federal Reserve's hike honeymoon period coming to an end and new easing measures announced in Japan, London markets were similarly affected with the FTSE 100 down 36.19 points (0.59%) to 6,066.35.ARM Holdings was the biggest faller after a perception amongst traders that Apple's Christmas sales are not going as well as the company had hoped. It's the same reason why some of ARM's competitors have been hit over the last few weeks, and the FTSE 100 company could be playing catch up."A recent announcement from one of Apple's suppliers in the US has raised concerns that the latest quarter could well be hit by declining phone sales for Apple as we head towards Christmas," said CMC Markets' Michael Hewson.It's likely that a number of the other big fallers of the day were hit by a bit of pre-Christmas profit taking, including Barratt Developments and BT Group which had no material news in the week to cause a dip in the share price.On the other side of the ledger miners were the big risers, led by Anglo American rebounding from recent all-time lows. Metal prices were all up halfway through the London Metal Exchange session, with a 2.2% rise in the price of copper and a 3% rise in the price of lead. However with commodities likely to still be under pressure prices could easily change.RSA Insurance Group continued to rise on news from Thursday it had struck a exclusive five-year partnership deal with Nationwide to underwrite all of its home insurance products.The insurer said the deal will cement its position as the market leader in home insurance and specifically in partnering with members of building society, banking and retail sectors. Stephen Lewis, chief executive of UK and Western Europe at RSA, said: "This deal reaffirms our status as both a market leader and a preferred partner of some of the best known brands in the UK.And despite sinking oil prices, Royal Dutch Shell shares looked like they would end the week in the green. Earlier in the day, Brent crude was down 0.54% to $36.86 - the lowest level since December 2008 - and WTI Crude dropped below $35 a barrel again, down 1.32% to $34.49.FTSE 100 - RisersAnglo American (AAL) 279.35p 5.39%RSA Insurance Group (RSA) 431.80p 1.70%Worldpay Group (WI) (WPG) 297.75p 1.61%Royal Dutch Shell 'B' (RDSB) 1,483.00p 1.37%Royal Dutch Shell 'A' (RDSA) 1,471.00p 1.28%BHP Billiton (BLT) 712.30p 1.27%Rio Tinto (RIO) 1,888.50p 1.26%Old Mutual (OML) 173.50p 1.16%Barclays (BARC) 221.20p 1.07%Antofagasta (ANTO) 420.50p 0.96%FTSE 100 - FallersARM Holdings (ARM) 1,014.00p -2.50%Barratt Developments (BDEV) 602.00p -2.03%Ashtead Group (AHT) 1,107.00p -1.95%BT Group (BT.A) 461.65p -1.85%Marks & Spencer Group (MKS) 450.10p -1.77%Sky (SKY) 1,083.00p -1.72%Associated British Foods (ABF) 3,346.00p -1.70%easyJet (EZJ) 1,685.00p -1.69%Next (NXT) 7,280.00p -1.69%Inmarsat (ISAT) 1,112.00p -1.59%
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17 Jan 2022 10:06

Crown Estate Scotland offers 17 projects seabed rights for offshore wind

LONDON, Jan 17 (Reuters) - Crown Estate Scotland said on Monday it has made option agreements to 17 projects which reserve the rights to specific areas of seabed in its ScotWind leasing round which is aimed at supporting wind energy development.O...

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17 Jan 2022 09:20

UPDATE 2-FTSE 100 hits two-year high as GSK boosts

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14 Jan 2022 17:48

UPDATE 1-Alberta prioritises oil sands' carbon storage hub, energy minister says

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14 Jan 2022 13:56

UPDATE 1-Brazil's Petrobras trims 2022-2026 production outlook

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14 Jan 2022 11:57

For BP, car chargers to overtake pumps in profitability race

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14 Jan 2022 09:55

LONDON BROKER RATINGS: Exane BNP cuts BAE Systems and Rolls-Royce

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13 Jan 2022 18:49

Shell to hand over Deer Park refinery to Pemex next week -sources

By Ana Isabel MartinezMEXICO CITY, Jan 13 (Reuters) - Mexican state oil company Petroleos Mexicanos will take control of the Deer Park refinery in Houston, Texas on Jan. 20, three sources with knowledge of the matter said on Thursday.Royal Dutch S...

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13 Jan 2022 09:50

Shell seismic tests approval complied with rules, S.Africa minister says

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13 Jan 2022 06:49

UPDATE 3-Activists behind Shell climate verdict target 30 multinationals

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13 Jan 2022 06:49

UPDATE 2-Activists behind Shell climate verdict target 30 multinationals

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13 Jan 2022 03:00

Activists behind Shell climate verdict target 30 multinationals

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12 Jan 2022 06:43

UPDATE 4-Equinor warns of $1.8 bln UK oilfield impairment

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10 Jan 2022 12:16

Thyssenkrupp IPO candidate UCE to build 200 MW electrolyser for Shell

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7 Jan 2022 09:28

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