The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

FTSE 100 movers: Banks rebound, British Land boosted by acquisition

Mon, 02nd Mar 2015 13:18

Banking stocks such as Barclays and RBS topped the risers as share prices rebounded after a weak outing last week following some poorly-received annual results. 2014 figures from Barclays, the last UK lender to report, are due out on Tuesday.Intertek, the product testing and certification outfit, was higher after forecasting an improvement in organic revenue growth in 2015 after a 0.6% decline last year. Profits were down 4.7% in 2014, though the company still lifted its dividend by 6.7%British Land was among the risers on the acquisition of Surrey Quays Leisure Park in Canada Water for £135m. The Canada Water investment covers nearly 50 acres and is one of the largest mixed-use regeneration projects in London, according to British Land.Chief executive of the company Chris Grigg said: "We look forward to continuing our partnership with Southwark Council to create a vibrant new mixed use office, retail and residential campus for Canada Water including a new town centre."RSA Insurance was boosted by an upgrade from analysts at UBS, who raised their rating on the stock from 'sell' to 'neutral', saying that the market's expectations have been reset following last week's annual results.Mining stocks such as BHP Billiton reversed into negative territory despite morning gains. RisersRoyal Bank of Scotland Group (RBS) 375.00p +2.12%Intertek Group (ITRK) 2,582.00p +2.06%Barclays (BARC) 262.05p +2.00%Hargreaves Lansdown (HL.) 1,150.00p +1.77%British Land Co (BLND) 842.50p +1.69%RSA Insurance Group (RSA) 435.70p +1.59%Morrison (Wm) Supermarkets (MRW) 198.70p +1.53%Land Securities Group (LAND) 1,275.00p +1.51%Capita (CPI) 1,204.00p +1.35%Hammerson (HMSO) 684.00p +1.26%FallersTullow Oil (TLW) 365.60p -5.60%Associated British Foods (ABF) 3,071.00p -1.73%Aggreko (AGK) 1,679.00p -1.70%Royal Dutch Shell 'B' (RDSB) 2,169.50p -1.63%Rolls-Royce Holdings (RR.) 934.50p -1.53%Ashtead Group (AHT) 1,172.00p -1.51%TUI AG Reg Shs (DI) (TUI) 1,160.00p -1.44%BHP Billiton (BLT) 1,594.00p -1.39%Standard Chartered (STAN) 978.00p -1.31%London Stock Exchange Group (LSE) 2,448.00p -1.29%

Related Shares

More News
Today 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results f...

26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015 *

26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market *

26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.