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FTSE 100 Movers: Bank investors loose enthusiasm

Fri, 28th Oct 2011 13:17

ITV was on the up after RBS reiterated its "buy" hold on the stock. Meanwhile, International Consolidated Airlines dipped following a target price cut from UBS from 260p to 240p. Barclays was also falling despite an upgrade from J.P.Morgan from neutral to overweight and a "buy" reiteration from Investec. Meanwhile, only HSBC continued to perform well following the recent developments in the Eurozone, as RBS and Lloyds fell lower. Hammerson, the FTSE 100 retail-focused real estate firm, was in demand after selling off a further interest in the O'Parinor shopping centre in France for €106m, following the disposal of a majority interest last year. FTSE 100 - RisersEssar Energy (ESSR) 326.40p +4.92%HSBC Holdings (HSBA) 568.70p +2.41%Intertek Group (ITRK) 2,064.00p +2.03%ITV (ITV) 66.00p +2.01%Reckitt Benckiser Group (RB.) 3,307.00p +1.85%Smith & Nephew (SN.) 584.00p +1.74%Associated British Foods (ABF) 1,121.00p +1.72%Hammerson (HMSO) 411.80p +1.68%Imperial Tobacco Group (IMT) 2,321.00p +1.66%G4S (GFS) 244.00p +1.62%FTSE 100 - FallersMan Group (EMG) 151.30p -5.97%Lloyds Banking Group (LLOY) 35.62p -3.90%Royal Bank of Scotland Group (RBS) 26.32p -3.48%Vedanta Resources (VED) 1,366.00p -3.19%Aviva (AV.) 363.70p -3.14%International Consolidated Airlines Group SA (IAG) 175.10p -2.94%Barclays (BARC) 204.20p -2.76%Admiral Group (ADM) 1,233.00p -2.22%Glencore International (GLEN) 434.70p -2.07%Prudential (PRU) 667.00p -2.06%NR

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