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FTSE 100 movers: BP rise tempers overall decline

Fri, 16th Jul 2010 15:00

Footsie remains lower despite good news from BP.BP appears to have succeeded in stopping the flow of oil pouring into the Gulf of Mexico for the first time in three months. The shutdown is part of an "integrity test" to see if the leaking wellhead can finally be contained. The test started last night and will last at least 6 hours and could last up to 48 hours. It is expected that no oil will be released into the ocean during the test.UBS has raised its recommendation on engineer Invensys from neutral to buy. Financials continue to head the fallers. Barclays, Lloyds and RBS are lower after unexciting figures from Bank of America. FTSE 100 - RisersBP (BP.) 414.45p +3.16%Invensys (ISYS) 267.70p +2.25%Essar Energy (ESSR) 456.80p +1.94%Standard Life (SL.) 194.50p +1.78%Burberry Group (BRBY) 804.50p +1.77%Compass Group (CPG) 561.00p +1.36%Shire Plc (SHP) 1,490.00p +1.22%Marks & Spencer Group (MKS) 351.20p +1.09%Kingfisher (KGF) 222.80p +1.00%BAE Systems (BA.) 319.60p +0.98%FTSE 100 - FallersBarclays (BARC) 286.30p -4.68%Lloyds Banking Group (LLOY) 59.92p -3.20%Randgold Resources (RRS) 5,995.00p -2.84%Fresnillo (FRES) 1,071.00p -2.72%Royal Bank of Scotland Group (RBS) 44.10p -2.43%Wolseley (WOS) 1,371.00p -2.35%HSBC Holdings (HSBA) 623.30p -2.23%Prudential (PRU) 525.50p -1.78%Cable & Wireless Worldwide (CW.) 85.20p -1.73%Man Group (EMG) 211.80p -1.72%

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