Xps Pensions Share News (XPS)

London's leading share index was an island of blue in a sea of red Monday after the IMF's endorsement of the government's deficit-cutting programme.The soft housing market and the effects of fiscal consolidation will continue to weigh on UK growth after a flat 6 months to 31 March, the IMF predicted, adding that inflation is likely to remain above 4% for most of 2011. Nevertheless, "The current settings of fiscal and monetary policy remain appropriate in the central scenario," it adds. That helped London finish with gains as mainland European bourses and US stocks fell back.In stocks, commodity trading house Glencore was the top riser in the FTSE 100, helped by Deutsche Bank issuing a 'buy' recommendation on the stock. But travel giants were out of favour. British Airways owner IAG was under a cloud after the International Air Transport Association scaled back its profit guidance for the industry by over a half as a result of elevated oil prices, ongoing problems in the Arab world and the aftermath of the events in Japan. Cruise group Carnival also suffered.Spirits brands owner Diageo is set to acquire SABMiller's stake in a Kenyan brewery firm for around £140m. Through its subsidiary East African Breweries Limited (EABL), Diageo - famous for its brands Smirnoff and Guinness - will buy a 20% stake from SABMiller's African subsidiary in Kenya Breweries Limited (KBL) for a cash consideration of 19.53bn Kenyan shillings.Budget airline easyJet saw a sharp rise in the number its passengers flew in May from the same period the previous year as travellers continued to splash out on cheap flights. It flew 4.74m passengers during the month, up from 4.26m in the same month the previous year.Media buyer and market research group Aegis moves ahead after it confirmed speculation that it is in talks with the research think tank Ipsos about a "potential transaction" of Aegis's market research business Synovate. A Sunday Telegraph report said that Aegis is in talks to sell Synovate to Ipsos in a deal that could be worth £500m.Online Smartphone retailer EXPANSYS falls back after saying it expects to report a smaller pre-tax profit than previously anticipated for the year to 30 April amid tough trading in Britain. It expects pre-tax profits for the period to come in at £3.4m, compared to a loss of £200,000 the previous year. Shares in Image Scan jumped after the security scanner group said it won £405,000 of contracts since releasing its interim results last month.Shares in Sound Oil gushed ahead after it reported that a completion operation at its Marciano-1ST Well in southern Italy had begun. Sound will perforate two potential gas-bearing zones at the well. Work is expected to take two days to complete, it said. FTSE 100 - RisersGlencore International (GLEN) 515.00p +1.98%ARM Holdings (ARM) 581.50p +1.84%Fresnillo (FRES) 1,428.00p +1.71%IMI (IMI) 1,038.00p +1.67%Hargreaves Lansdown (HL.) 640.00p +1.51%Anglo American (AAL) 2,984.00p +1.50%Land Securities Group (LAND) 845.00p +1.44%Petrofac Ltd. (PFC) 1,562.00p +1.43%Essar Energy (ESSR) 438.40p +1.36%Inmarsat (ISAT) 600.50p +1.35%FTSE 100 - FallersLloyds Banking Group (LLOY) 46.90p -3.77%International Consolidated Airlines Group SA (IAG) 229.60p -3.00%Wolseley (WOS) 1,914.00p -2.05%Resolution Ltd. (RSL) 299.90p -1.32%United Utilities Group (UU.) 602.00p -1.31%Severn Trent (SVT) 1,463.00p -1.15%TUI Travel (TT.) 225.00p -1.14%G4S (GFS) 288.00p -0.89%Vedanta Resources (VED) 2,058.00p -0.87%Carnival (CCL) 2,353.00p -0.84%FTSE 250 - RisersAegis Group (AGS) 151.00p +6.94%JKX Oil & Gas (JKX) 295.00p +3.44%Kenmare Resources (KMR) 47.05p +2.73%PZ Cussons (PZC) 385.00p +2.67%Cable & Wireless Worldwide (CW.) 54.90p +2.62%Moneysupermarket.com Group (MONY) 101.50p +2.58%London & Stamford Property Ltd. (LSP) 140.00p +2.56%Northumbrian Water Group (NWG) 366.00p +2.55%Halfords Group (HFD) 405.00p +2.45%Croda International (CRDA) 1,945.00p +2.31%FTSE 250 - FallersHochschild Mining (HOC) 500.00p -8.51%Supergroup (SGP) 969.00p -6.56%Sports Direct International (SPD) 221.00p -3.91%RPC Group (RPC) 345.00p -2.82%JD Sports Fashion (JD.) 977.00p -2.79%Ashtead Group (AHT) 170.20p -2.74%Pace (PIC) 112.30p -2.35%Brown (N.) Group (BWNG) 279.70p -2.10%Devro (DVO) 280.00p -2.10%Betfair Group (BET) 798.50p -2.02%