FTSE 100 movers: CRH rallies; Rightmove in the red
By Michele Maatouk
Date: Friday 10 May 2024
(Sharecast News) - London's FTSE 100 was up 0.7% at 8,436 in afternoon trade on Friday.
CRH rallied after saying it made a solid start to 2024 in the seasonally least significant quarter, with revenues rising on the back of positive pricing, early-season activity and favourable weather in key markets.
The company reaffirmed its previous guidance for 2024, saying it expects a "favourable market backdrop and continued positive pricing momentum" during the year.
Commodity trader and miner Glencore was among the top gainers as metals prices rose.
On the downside, property portal Rightmove was under the cosh as it reiterated its revenue and profit guidance for the full year, and upgraded its customer growth expectations after a strong start to the year.
FTSE 100 - Risers
CRH (CDI) (CRH) 6,678.00p 3.63%
Spirax-Sarco Engineering (SPX) 9,335.00p 2.75%
Glencore (GLEN) 475.50p 2.58%
Standard Chartered (STAN) 774.20p 2.57%
St James's Place (STJ) 481.80p 2.51%
F&C Investment Trust (FCIT) 1,056.00p 2.33%
Persimmon (PSN) 1,438.00p 2.24%
Burberry Group (BRBY) 1,187.00p 2.24%
Berkeley Group Holdings (The) (BKG) 5,270.00p 2.03%
InterContinental Hotels Group (IHG) 7,948.00p 2.00%
FTSE 100 - Fallers
Rightmove (RMV) 540.80p -5.59%
Sage Group (SGE) 1,194.50p -0.95%
Intertek Group (ITRK) 5,015.00p -0.79%
Rolls-Royce Holdings (RR.) 430.50p -0.78%
Mondi (MNDI) 1,576.00p -0.63%
Severn Trent (SVT) 2,594.00p -0.46%
Land Securities Group (LAND) 678.00p -0.44%
London Stock Exchange Group (LSEG) 9,124.00p -0.41%
Unite Group (UTG) 974.50p -0.41%
Pearson (PSON) 996.20p -0.38%
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