Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 100 movers: Endeavour rallies; Ocado in the red again

(Sharecast News) - London's FTSE 100 was down 0.2% at 7,368.90 in afternoon trade on Monday. Online supermarket Ocado was under the cosh again.

Sports betting and gaming group Entain fell even as it said it has been awarded five-year licences by the State Administrative Office of Saxony-Anhalt, for the operation of its gaming and poker services throughout Germany.

Entain has been granted all five licences it applied for, enabling it to offer gaming under its bwin, Ladbrokes and Sportingbet brands, and poker under bwin and Ladbrokes.

Endeavour Mining rallied after saying it had made a major discovery at its 100%-owned Tanda-Iguela greenfield exploration property in Côte d'Ivoire.

The company said a major maiden resource has been outlined in under 15 months on the Assafou target. It has indicated resource of 14.9m tonnes of ore at 2.33 grams per tonne for 1.1m ounces. There is an inferred resource within this of 32.9m tonnes at 1.80grams per tonne for 1.9m ounces.

Endeavour said "significant exploration" potential exists at the Assafou deposit, which is located over a structural trend extending over 15km and remaining open in all directions with at least 10 additional exploration targets identified nearby.

Berenberg said: "We view this as a material positive for Endeavour as it suggests the presence of a deposit with the scale and grade to be developed as a mine possibly by 2026."

FTSE 100 - Risers

Endeavour Mining (EDV) 1,682.00p 2.56% GSK (GSK) 1,398.00p 2.16% Sage Group (SGE) 814.40p 1.77% Smiths Group (SMIN) 1,602.00p 1.71% Bunzl (BNZL) 3,077.00p 1.69% Rentokil Initial (RTO) 543.40p 1.68% Centrica (CNA) 94.52p 1.63% Relx plc (REL) 2,320.00p 1.62% AstraZeneca (AZN) 11,086.00p 1.52% RS Group (RS1) 965.50p 1.47%

FTSE 100 - Fallers

Harbour Energy (HBR) 309.60p -5.44% Ocado Group (OCDO) 648.00p -4.45% BP (BP.) 461.40p -3.08% M&G (MNG) 192.75p -2.82% Intermediate Capital Group (ICP) 1,180.00p -2.52% Entain (ENT) 1,306.50p -2.50% Rio Tinto (RIO) 5,257.00p -2.38% Prudential (PRU) 956.40p -2.27% Associated British Foods (ABF) 1,499.50p -2.25% Shell (SHEL) 2,293.50p -2.18%

Share this article

Related Sharecast Articles

FTSE 100 movers: Spirax stands out; Convatec gives back some gains
(Sharecast News) - London's FTSE 100 was up 0.5% at 8,069.27 in afternoon trade on Thursday.
FTSE 100 movers: ICG slides; Smiths Group up on results
(Sharecast News) - London's FTSE 100 was down 0.3% at 8,005.49 in afternoon trade on Wednesday.
FTSE 250 movers: Close Bros slides; Babcock up on global instability
(Sharecast News) - FTSE 250 (MCX) 20,363.75 -0.31%
FTSE 100 movers: Fresnillo loses its shine; Convatec surges
(Sharecast News) - London's FTSE 100 was down 1.1% at 8,039.06 in afternoon trade on Tuesday.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.