FTSE 100 movers: BT leads the way after o2 deal

BT Group shares were leading the risers on Wednesday after signing a 10-year deal with o2 to create a new 4G network worth in the region of 500m pounds. Speciality chemicals group Johnson Matthey has made strong gains after a positive update from Credit Suisse said that weaker platinum prices have not proven to be a drag on precious metal products and said it is optimistic about its fourth quarter performance. Industrial investment firm Melrose was also in demand after it sold its Truth Hardware division to AIM-listed building product group Tyman for $200m. Resource stocks including Randgold, Fresnillo, Vedanta, Rio Tinto and Polymetal were also making gains, shrugging off the disappointing Chinese economic data, as hopes over monetary stimulus improved the outlook for demand. However, sector peer ENRC was trading lower on reports that the UK Listings Authority has launched an investigation into potential breaches of takeover rules. Headlines this morning were also focusing on issues with the company's flotation in 2007. Admiral, Croda, ITV and Reed Elsevier were also among the worst performers of the day after going ex-dividend, meaning that new investors have now missed the opportunity to tap in to each companies' latest payout. Reed Elsevier was also being weighed down by a ratings cut by UBS from 'buy' to 'neutral'. FTSE 100 - RisersBT Group (BT.A) 285.70p +3.44%Johnson Matthey (JMAT) 2,494.00p +2.89%Melrose Industries (MRO) 249.90p +2.38%ARM Holdings (ARM) 1,019.00p +2.31%Randgold Resources Ltd. (RRS) 5,175.00p +2.27%Kingfisher (KGF) 319.90p +2.17%Experian (EXPN) 1,156.00p +2.12%Standard Chartered (STAN) 1,648.00p +1.92%Shire Plc (SHP) 2,040.00p +1.90%Aviva (AV.) 309.70p +1.51%FTSE 100 - FallersEurasian Natural Resources Corp. (ENRC) 264.70p -3.54%Reed Elsevier (REL) 726.50p -3.39%Weir Group (WEIR) 2,140.00p -2.90%Admiral Group (ADM) 1,244.00p -2.89%Evraz (EVR) 151.10p -2.52%G4S (GFS) 307.00p -1.85%ITV (ITV) 123.80p -1.67%Schroders (SDR) 2,300.00p -1.50%Vedanta Resources (VED) 1,197.00p -0.99%Intertek Group (ITRK) 3,277.00p -0.94%NR