FTSE News: FTSE 100, FTSE 250, and FTSE 400 investment news
FTSE market news from the London Stock Exchange: FTSE 100, FTSE 250, and FTSE 400

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    September 10, 2007

    ITV tops FTSE 100

    Filed under: Companies, ITV, Schroders, IG Group, British Energy, HMV Group, Hammerson, Kelda, Wolseley, Minerva, Premier Foods, Alfred McAlpine, Invesco, Avis Europe, Associated British Foods

    In London on Monday the FTSE 100 was 0.92 percent lower to 6,134.1 and the FTSE 250 fell 1.2 percent to 10,974.8.

    Media group ITV (LSE: ITV) added 2.02 percent to 352.75p for the best day on the 100.

    IG Group (LSE: IGG), in the financial services sector, was the best performer on the 250 as it gained 2.02 percent to 111.3p.

    Other gainers included investment manager Schroders (LSE: SDR.L), up 2 percent to £13.29.

    Water utility Kelda Group (LSE: KEL) gained 1.55 percent to 852p, while electricity generator British Energy Group (LSE: BGY) was 1.82 percent higher to 476.5p.

    Music retailer HMV Group (LSE: HMV) added 2.36 percent to 130p. Food processors were mixed.

    Premier Foods (LSE: PFD) added 1.84 percent to 248.5p on the 250, but Associated British Foods (LSE: ABF) was 3.41 percent lower to 808.5p on the 100.

    Property developers were lower on the session.

    Hammerson (LSE: HMSO) dropped 3.27 percent to £11.82, while Minerva (LSE: MNR) was down 4.47 percent to 256.25p.

    Builder Alfred McAlpine (LSE: MCA) fell 4.36 percent to 455.5p, while construction materials group Wolseley (LSE: WOS) dropped 3.63 percent to 928p.

    The worst performer on the 100 was investment manager Invesco (LSE: AVZ; NYSE: IVZ), which was 3.72 percent lower to 557p, while car rental group Avis Europe (LSE: AVE) was down 4.97 percent to 43p.





    August 10, 2007

    Northern Rock drops over 9.5 percent

    Filed under: Companies, Northern Rock, Carnival, Tate & Lyle, JKX Oil & Gas, Man Group, Hunting, Resolution, Henderson Group, Beazley Group, Rathbone Brothers, Avis Europe, Associated British Foods

    London’s markets joined the global market slide on Friday as the FTSE 100 fell 3.71 percent to 6,038.3 and the FTSE 250 was down 2.88 percent to 10,889.5.

    Again, financial services groups ended up lower on the day. Northern Rock (LSE: NRK) led the decliners on the 100 as it dropped 9.57 percent to 713.5p, while investment managers Rathbone Brothers (LSE: RAT) was the worst performer on the 250 with a decline of 12.02 percent to £11.57.

    Insurer Resolution (LSE: RSL) fell 6.71 percent to 626p, while special risks insurer Beazley Group (LSE: BEZ) was 7.98 percent lower to 150p.

    Hedge fund Man Group (LSE: EMG) was down 0.06 percent to 479.25p, while asset managers Henderson Group (LSE: HGI; ASX: HGI) dropped 9.43 percent to 139.25p.

    Among gainers, Avis Europe (LSE: AVE) led the 250 with a gain of 15.91 percent to 51p, while cruise operator Carnival (LSE: CCL; NYSE: CCL; NYSEL CUK) was the best performer on the 100 as it added 0.54 percent to £22.44.

    Food processors did well on the 100.

    Tate & Lyle was up 0.18 percent to 549p, while Associated British Foods (LSE: ABF) gained 0.3 percent to 844p.

    The oil sector did well on the 250.

    Oil refiner and distributor Hunting (LSE: HTG) was 3.36 percent higher to 707.5p, while JKX Oil & Gas (LSE: JKX) was up 13.48 percent to 360p.





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