FTSE 100 movers: Oil companies float higher while miners slip
The FTSE 100 was in the green in afternoon trading on Monday, as oil prices gained and investors sifted through corporate news and Japanese economic growth data.
That rising crude price led to positive moves for the big oil companies - Brent was last up 1.74% at $47.80 per barrel, and West Texas Intermediate added 1.92% at $45.36.
Royal Dutch Shell and BP both featured on the positive side of the index.
Paddy Power Betfair was also on the up, after its rival William Hill rejected an improved offer from Rank Group and 888 Holdings over the weekend.
A combination of the three gaming operators would have strengthened the competition faced by Paddy Power.
Miners featured on the downside of the index, with Glencore and BHP Billiton both in the red in mid-afternoon trading.
The slides started in Australian trading earlier on Monday, when lower prices brought resource producers under pressure and dragged the ASX’s materials subindex.
FTSE 100 - Risers
Anglo American (AAL) 876.00p 2.23%
Paddy Power Betfair (PPB) 9,780.00p 2.09%
Mediclinic International (MDC) 1,120.00p 2.00%
Royal Dutch Shell 'A' (RDSA) 1,950.50p 1.64%
Royal Dutch Shell 'B' (RDSB) 2,029.00p 1.35%
Capita (CPI) 1,016.00p 1.30%
Ashtead Group (AHT) 1,241.00p 1.22%
CRH (CRH) 2,481.00p 1.02%
DCC (DCC) 7,040.00p 1.00%
GKN (GKN) 310.00p 0.98%
FTSE 100 - Fallers
Glencore (GLEN) 192.05p -2.09%
Royal Bank of Scotland Group (RBS) 193.70p -1.32%
Berkeley Group Holdings (The) (BKG) 2,507.00p -1.26%
Lloyds Banking Group (LLOY) 54.80p -1.08%
Marks & Spencer Group (MKS) 350.80p -1.04%
easyJet (EZJ) 1,090.00p -1.00%
Tesco (TSCO) 159.00p -0.93%
Travis Perkins (TPK) 1,542.00p -0.84%
Sage Group (SGE) 735.00p -0.68%
BHP Billiton (BLT) 1,033.50p -0.62%