FTSE 100 movers: Banks rally; Fresnillo loses its shine

(Sharecast News) - London's FTSE 100 was up 0.4% at 10,193.84 in afternoon trade on Tuesday. Banks were the top performers, with HSBC, NatWest, Barclays and Lloyds all higher.

Richard Hunter, head of markets at Interactive Investor, said banks "attracted some buying interest ahead of what will be an unusually elongated reporting season, beginning with Lloyds on Thursday and not ending until HSBC on 25 February".

Asia-focused insurer Prudential was also a high riser.

Precious metals miner Fresnillo was the worst performer on the index, having surged on Monday after the gold price breached $5,000 an ounce for the first time.

FTSE 100 - Risers

HSBC Holdings (HSBA) 1,282.60p 3.25% NATWEST GROUP (NWG) 669.20p 2.89% Prudential (PRU) 1,194.50p 2.44% Spirax Group (SPX) 7,385.00p 2.36% Barclays (BARC) 491.00p 2.13% Lloyds Banking Group (LLOY) 105.15p 2.09% Rightmove (RMV) 513.20p 1.99% Kingfisher (KGF) 329.20p 1.73% Phoenix Group Holdings (PHNX) 733.50p 1.45% Standard Chartered (STAN) 1,860.00p 1.45%

FTSE 100 - Fallers

Fresnillo (FRES) 4,308.00p -3.15% Experian (EXPN) 2,858.00p -2.52% Antofagasta (ANTO) 3,707.00p -1.80% Convatec Group (CTEC) 232.20p -1.78% Entain (ENT) 656.00p -1.77% Smurfit Westrock (DI) (SWR) 3,170.00p -1.28% Coca-Cola Europacific Partners (DI) (CCEP) 6,510.00p -1.21% Diageo (DGE) 1,636.50p -1.12% Sainsbury (J) (SBRY) 313.20p -1.07% Relx plc (REL) 2,840.00p -0.94%