FTSE 100 movers: Ex-divs weigh, utilities gain as investors opt for defensives

By Michele Maatouk

Date: Thursday 15 Aug 2019

(Sharecast News) - London's FTSE 100 was down 1.2% at 7,059.12 in afternoon trade on Thursday as worries about Sino-US trade relations and recession fears undermined sentiment.
RBS, Anglo American, Evraz, Phoenix Group, Standard Life Aberdeen and Shell were all weaker as their stock went ex-dividend.

RBS was also hit by a downgrade to 'hold' from 'buy at HSBC. It said that RBS, as the most interest rate sensitive of the banks, has the most to lose from lower interest rates and a no-deal Brexit scenario.

Utilities United Utilities, National Grid, Severn Trent and Centrica were all higher as investors sought out defensive stocks.



FTSE 100 - Risers

United Utilities Group (UU.) 791.60p 2.25%
British American Tobacco (BATS) 3,041.50p 1.10%
National Grid (NG.) 851.00p 0.97%
Severn Trent (SVT) 1,992.00p 0.71%
RSA Insurance Group (RSA) 519.00p 0.62%
Imperial Brands (IMB) 2,096.50p 0.36%
Diageo (DGE) 3,418.00p 0.32%
Centrica (CNA) 65.66p 0.24%
St James's Place (STJ) 916.20p 0.22%
Admiral Group (ADM) 2,119.00p 0.19%

FTSE 100 - Fallers

Royal Bank of Scotland Group (RBS) 177.60p -10.51%
Evraz (EVR) 493.60p -6.41%
Anglo American (AAL) 1,688.00p -5.65%
Phoenix Group Holdings (PHNX) 643.20p -5.23%
Smith (DS) (SMDS) 306.80p -4.36%
Just Eat (JE.) 774.60p -4.23%
Standard Life Aberdeen (SLA) 240.30p -3.80%
Royal Dutch Shell 'B' (RDSB) 2,246.50p -3.69%
Glencore (GLEN) 222.10p -3.64%
TUI AG Reg Shs (DI) (TUI) 748.20p -3.46%

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