By Michele Maatouk
Date: Tuesday 14 Oct 2025
(Sharecast News) - London's FTSE 100 was flat at 9,441.90 in afternoon trade on Tuesday.
EasyJet flew to the top of the index even as logistics firm Mediterranean Shipping Company (MSC) denied it was interested in making an investment in the budget airline.
EasyJet shares surged in early trade on Tuesday following a report in Italy's Corriere della Sera that MSC was working with an investment fund on a possible investment in the airline.
The shares initially pared gains after MSC told Reuters it was not considering any such move, but they quickly shot higher again.
"MSC denies any involvement in this matter," a spokesperson told Reuters.
Housebuilders Persimmon, Berkeley and Barratt Redrow all rallied after FTSE 250 peer Bellway announced the launch of a £150m share buyback and reported a jump in full-year profit and revenue as completions grew despite "ongoing challenges" for the industry.
Miners Anglo American, Antofagasta and Glencore all fell as copper prices retreated.
BP was also in the red as it guided to higher third-quarter production but flagged a weaker oil trading result and lower gas prices.
FTSE 100 - Risers
easyJet (EZJ) 485.90p 4.72%
Persimmon (PSN) 1,194.00p 2.14%
Berkeley Group Holdings (The) (BKG) 4,018.00p 1.98%
Centrica (CNA) 172.55p 1.59%
Entain (ENT) 836.80p 1.43%
Severn Trent (SVT) 2,692.00p 1.20%
United Utilities Group (UU.) 1,189.00p 1.19%
Barclays (BARC) 379.00p 1.15%
Phoenix Group Holdings (PHNX) 676.00p 1.12%
Barratt Redrow (BTRW) 386.50p 1.10%
FTSE 100 - Fallers
Metlen Energy & Metals (MTLN) 44.45p -5.02%
Anglo American (AAL) 2,887.00p -3.73%
Antofagasta (ANTO) 2,745.00p -2.90%
Rolls-Royce Holdings (RR.) 1,099.00p -2.61%
Rentokil Initial (RTO) 397.00p -2.41%
Spirax Group (SPX) 6,775.00p -2.24%
BP (BP.) 412.80p -2.18%
Glencore (GLEN) 349.50p -2.17%
International Consolidated Airlines Group SA (CDI) (IAG) 399.60p -2.11%
Imperial Brands (IMB) 3,058.00p -1.89%
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