FTSE 100 movers: StanChart jumps on US court ruling; miners fall

(Sharecast News) - London's FTSE 100 was 0.2% higher at 9,327.34 in afternoon trade on Friday. Standard Chartered jumped to the top of the index after the bank welcomed what it described as a favourable filing from the US Department of Justice in a long-running civil case involving allegations of sanctions breaches.

The bank said the DoJ's latest position in the so-called 'Brutus' case confirmed that the claims, first brought by a former employee and his associates more than a decade ago, were "false" and repeatedly dismissed by US courts.

Housebuilders Berkeley and Persimmon were also in the black, having slumped earlier in the week after a hotter-than-expected UK consumer price inflation reading for July spelled bad news for mortgages.

On the downside, heavily-weighted miners fell, with Anglo American, Antofagasta and Glencore all lower.

FTSE 100 - Risers

Standard Chartered (STAN) 1,417.00p 4.19% Airtel Africa (AAF) 218.00p 1.77% Pershing Square Holdings Ltd NPV (PSH) 4,262.00p 1.33% Smurfit Westrock (DI) (SWR) 3,273.00p 1.08% Scottish Mortgage Inv Trust (SMT) 1,081.00p 0.93% Hikma Pharmaceuticals (HIK) 1,837.00p 0.88% Berkeley Group Holdings (The) (BKG) 3,744.00p 0.86% Persimmon (PSN) 1,111.50p 0.77% BAE Systems (BA.) 1,771.00p 0.65% International Consolidated Airlines Group SA (CDI) (IAG) 388.30p 0.65%

FTSE 100 - Fallers

Anglo American (AAL) 2,156.00p -1.15% Rightmove (RMV) 767.80p -1.03% Coca-Cola HBC AG (CDI) (CCH) 3,904.00p -1.01% Antofagasta (ANTO) 2,118.00p -0.84% Prudential (PRU) 999.20p -0.77% Admiral Group (ADM) 3,652.00p -0.71% Associated British Foods (ABF) 2,314.00p -0.69% Glencore (GLEN) 290.35p -0.68% Tesco (TSCO) 429.00p -0.58% British American Tobacco (BATS) 4,368.00p -0.57%