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FTSE 100 movers: Lloyds, Vedanta, IAG

Mon, 05th Aug 2013 13:04

Lloyds Banking Group's shares surged after Chief Executive António Horta-Osório said he aims to start paying out up to 70 per cent of the bank's earnings in dividends within three years.Vedanta Resources rallied following news the company edged closer to merging two of its Indian subsidiaries after the Madras High Court approved its plan to simplify its group structure.International Consolidated Airlines Group advanced after analysts at HSBC raised their price objective 350p to 375p in a research note issued to investors on Monday.HSBC Holdings was the biggest faller after reporting a rise in half-year profits that missed expectations as revenues declined. Motor insurance company Admiral Group declined as analysts at Canaccord Genuity said the progress of claims trends in UK motor was "uncertain".Royal Bank of Scotland Group slid as investors voiced fears over a possible split of the state-backed lender into a 'good bank' and 'bad bank'.FTSE 100 - RisersLloyds Banking Group (LLOY) 76.86p +4.25%Vedanta Resources (VED) 1,239.00p +3.16%International Consolidated Airlines Group SA (CDI) (IAG) 326.00p +2.84%Aggreko (AGK) 1,629.00p +2.65%London Stock Exchange Group (LSE) 1,622.00p +2.27%Schroders (SDR) 2,558.00p +1.75%Anglo American (AAL) 1,481.50p +1.68%Resolution Ltd. (RSL) 336.10p +1.48%Persimmon (PSN) 1,278.00p +1.43%Diageo (DGE) 2,104.50p +1.42%FTSE 100 - FallersHSBC Holdings (HSBA) 714.60p -5.31%Admiral Group (ADM) 1,333.00p -2.27%Royal Bank of Scotland Group (RBS) 316.30p -1.92%Standard Chartered (STAN) 1,522.00p -1.46%Shire Plc (SHP) 2,408.00p -1.39%Smiths Group (SMIN) 1,304.00p -1.21%Fresnillo (FRES) 1,030.00p -1.06%Marks & Spencer Group (MKS) 484.00p -0.98%Weir Group (WEIR) 2,219.00p -0.89%Capita (CPI) 1,036.00p -0.67%RD

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