Less Ads, More Data, More Tools Register for FREE

FTSE 100 movers: Banks take a beating

Fri, 26th Nov 2010 13:28

Banks continue to decline because of worries about the euro-debt crisis with Lloyds and RBS leading the way.Rio Tinto says that capital spending will probably be around US$13bn in the 18 months to December 2011. That didn't prevent the share price declining along with other miners. Centrica, which owns British Gas, has fallen on news that Ofgem has launched a new investigation into energy suppliers after fresh data revealed a sharp increase in profit margins for the 'big six' suppliers.BT is higher after announcing that it is selling 5.5% of Indian IT Group Tech Mahindra to Mahindra & Mahindra. BT will still retain 24.4% of the IT company. The telecoms firm also benefited from an upbeat broker note from Exane BNP Paribas, which lifted its share price target for BT by 20% to 265p.Capital Shopping Centres continues to rise on hopes that US shopping malls owner Simon Property will bid. FTSE 100 - RisersBT Group (BT.A) 172.90p +3.59%ICAP (IAP) 475.20p +1.56%Autonomy Corporation (AU.) 1,302.00p +0.85%Weir Group (WEIR) 1,717.00p +0.59%Serco Group (SRP) 562.00p +0.54%Capital Shopping Centres Group (CSCG) 383.00p +0.52%Marks & Spencer Group (MKS) 385.90p +0.47%Imperial Tobacco Group (IMT) 1,940.00p +0.36%Schroders (SDR) 1,673.00p +0.30%GlaxoSmithKline (GSK) 1,246.50p +0.28%FTSE 100 - FallersLloyds Banking Group (LLOY) 61.52p -4.91%Royal Bank of Scotland Group (RBS) 38.90p -4.80%Antofagasta (ANTO) 1,316.00p -4.43%Vedanta Resources (VED) 2,059.00p -3.92%Aviva (AV.) 366.00p -3.51%Barclays (BARC) 259.10p -3.45%Standard Chartered (STAN) 1,732.00p -3.38%Centrica (CNA) 313.70p -3.27%Rio Tinto (RIO) 4,147.50p -2.86%Fresnillo (FRES) 1,427.00p -2.86%

Related Shares

More News
31 May 2024 12:59

CORRECT: Watchdog launches inquiry into Nationwide buy of Virgin Money

(Clarifying the acquisition is in cash.)

31 May 2024 10:03

UK watchdog launches inquiry into Nationwide-Virgin Money merger

(Alliance News) - The Competition & Markets Authority on Friday said it had opened an inquiry into Nationwide Building Society's acquisition of Virgin...

31 May 2024 08:34

UK competition watchdog probes Nationwide-Virgin Money deal

May 31 (Reuters) - Britain's competition regulator said on Friday it had started a probe into Nationwide Building Society's proposed 2.9 billion pou...

23 May 2024 10:44

IN BRIEF: Lloyds Banking to redeem USD1.5 billion senior notes

Lloyds Banking Group PLC - Edinburgh-based lender - Issues notice of redemption for entire USD1.50 billion outstanding principle amount of its 3.870% ...

16 May 2024 13:05

Activists disrupt Lloyds Bank shareholder meeting

LONDON, May 16 (Reuters) - Activists disrupted Lloyds Banking Group's annual shareholder meeting in Glasgow on Thursday, protesting against the bank...

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.