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Latest Share Chat

FTSE 100 movers: BSkyB shares jump on strong revenues

Thu, 17th Oct 2013 15:31

Satellite television and broadband group BSkyB surged after recording a strong rise in first-quarter revenues helped by an increase of 800,000 paid-for subscription products. However, profits were down after a step-up in Premier League costs.Brewing giant SABMiller gained after saying its first-half performance had been in line with expectations as strong volume growth at its African business offset a challenging environment in parts of Europe. Sector peer Diageo was also higher after saying that a strong performance in US spirits helped to offset a weakening of growth in some emerging markets in the first quarter.Shares in airline easyJet climbed as the stock recovered one day after the group suffered an IT meltdown when its Europe-wide computer system crashed, causing delays and cancellations. Mexico-focused precious metals group Fresnillo climbed after it said that it was on track to hit silver production targets this year after a decent third quarter, but failed to give guidance on gold output. Meanwhile, Travis Perkins, the builders merchant, reported "encouraging" sales momentum in the third quarter, but said that conditions in retail markets were "challenging", denting the share price. Banking stocks Barclays and HSBC were also among the fallers after Exane BNP Paribas raised concerns about the Prudential Regulation Authority's imposed capital ratios. FTSE 100 - RisersBritish Sky Broadcasting Group (BSY) 946.50p +7.80%SABMiller (SAB) 3,153.00p +3.72%easyJet (EZJ) 1,316.00p +2.89%Burberry Group (BRBY) 1,496.00p +2.19%ITV (ITV) 194.10p +2.10%Imperial Tobacco Group (IMT) 2,262.00p +1.89%Unilever (ULVR) 2,440.00p +1.71%Hargreaves Lansdown (HL.) 1,107.00p +1.56%Vodafone Group (VOD) 228.30p +1.47%Fresnillo (FRES) 951.00p +1.44%FTSE 100 - FallersARM Holdings (ARM) 997.00p -3.20%Weir Group (WEIR) 2,267.00p -3.04%Barclays (BARC) 275.90p -2.73%Tullow Oil (TLW) 980.00p -2.10%CRH (CRH) 1,547.00p -2.09%Travis Perkins (TPK) 1,745.00p -1.86%Intertek Group (ITRK) 3,234.00p -1.82%Melrose Industries (MRO) 298.10p -1.81%Experian (EXPN) 1,162.00p -1.78%Wolseley (WOS) 3,186.00p -1.67%NR

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