FTSE 100 movers: Barratt and AB Foods gain on updates, Prudential lifted by Goldman note

9th Jul 2015 15:41

London's FTSE 100 was on the front foot on Thursday, with cyclical stocks such as miners and banks in the black.Rio Tinto, Antofagasta and BHP Billiton all gained following a rebound in Chinese stock and metal prices.Elsewhere, Barratt Development rebounded from heavy losses in the previous session, when it took a hit on Chancellor George Osborne's new Budget. The housebuilder rose 4% after it said it expects full-year pre-tax profit to be 45% higher this year.Other housebuilders followed suit, with Persimmon and Taylor Wimpey both 5% firmer.Primark owner Associated British Foods was also in the black after it maintained guidance and posted a small rise in revenue.Prudential got a boost after Goldman Sachs added the stock to its 'conviction buy' list, saying the shares offered "attractive entry point to one of the best positioned compounding businesses in our European coverage universe".On the downside, shares in clothing retailer Next fell as the stock went ex dividend.RisersTaylor Wimpey (TW.) 184.70p +4.82%Associated British Foods (ABF) 3,069.00p +4.71%Hargreaves Lansdown (HL.) 1,142.00p +4.67%Persimmon (PSN) 1,960.00p +4.48%easyJet (EZJ) 1,640.00p +4.39%Barratt Developments (BDEV) 617.50p +3.87%International Consolidated Airlines Group SA (CDI) (IAG) 512.50p +3.81%Aviva (AV.) 516.00p +3.80%Legal & General Group (LGEN) 257.20p +3.63%Mondi (MNDI) 1,420.00p +3.35%FallersNext (NXT) 7,345.00p -1.80%Sainsbury (J) (SBRY) 252.20p -0.90%Randgold Resources Ltd. (RRS) 4,191.00p -0.73%Rolls-Royce Holdings (RR.) 753.50p -0.66%Meggitt (MGGT) 456.30p -0.22%Marks & Spencer Group (MKS) 520.50p -0.19%Royal Dutch Shell 'A' (RDSA) 1,801.00p -0.03%