By Alexander Bueso
Date: Friday 02 May 2025
(Sharecast News) - Commodity-related stocks and financials paced gains on London's top-flight index at the end of the week, amid more positive headlines around US-China and US-EU trade talks.
Hence the sharp gains on offer in shares market heavyweight HSBC, which is Asia-focused.
Shell meanwhile jumped on the back of its better-than-expected first quarter results and news of a fresh $3.5bn share buyback authorisation.
IAG was another of the top performers, benefitting from improved risk appetite following the release of an in line reading - when revisions are taken into account - on US non-farm payroll growth during the month of April.
Going the other way, grocers, utilities and telecoms were at the bottom of the pile, alongside a conspicuous Lloyds, as 10-year Gilt yields moved back into the green after the latest US jobs numbers.
Market Movers
FTSE 100 (UKX) 8,602.15 1.24%
FTSE 100 - Risers
Melrose Industries (MRO) 457.10p 5.15%
International Consolidated Airlines Group SA (CDI) (IAG) 278.50p 4.82%
Rentokil Initial (RTO) 360.70p 3.98%
Babcock International Group (BAB) 839.50p 3.64%
Spirax Group (SPX) 6,130.00p 3.46%
Reckitt Benckiser Group (RKT) 4,978.00p 2.72%
Haleon (HLN) 399.00p 2.65%
Anglo American (AAL) 2,151.50p 2.60%
Halma (HLMA) 2,848.00p 2.52%
HSBC Holdings (HSBA) 845.20p 2.49%
FTSE 100 - Fallers
Smurfit Westrock (DI) (SWR) 3,067.00p -2.14%
Sainsbury (J) (SBRY) 264.00p -1.49%
Kingfisher (KGF) 287.90p -1.37%
Lloyds Banking Group (LLOY) 70.48p -1.21%
Whitbread (WTB) 2,711.00p -1.17%
Severn Trent (SVT) 2,753.00p -0.97%
GSK (GSK) 1,449.00p -0.96%
Vodafone Group (VOD) 73.10p -0.89%
United Utilities Group (UU.) 1,122.00p -0.88%
National Grid (NG.) 1,064.00p -0.70%
Email this article to a friend
or share it with one of these popular networks:
You are here: news