FTSE 100 movers: Asia-focused banks tumble; JD Sports in the black

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,325.79 in afternoon trade on Thursday. Asia-focused banks Prudential, Standard Chartered and HSBC all dropped sharply following a report that some banks have suspended opening Hong Kong bank accounts for mainland China clients that could be used for overseas investments.

Miners Antofagasta and Rio Tinto fell as copper prices retreated.

Shell was also under the cosh after oil prices fell further following a Wall Street Journal report that US President Donald Trump won't resume all-out war with Iran unless US troops are killed.

Sainsbury's and Vodafone lost ground as they traded without entitlement to the dividend.

On the upside, JD Sports rallied following a report it is exploring a sale of the wholesale business which owns a licence to the Billionaire Boys Club streetwear brand founded by music star Pharrell Williams.

According to Sky News, the sportswear retailer is working with advisers at Interpath on a potential deal. Prospective acquirers of the BBC licence have been sounded out in recent weeks about a transaction, Sky sources said.

FTSE 100 - Risers

JD Sports Fashion (JD.) 88.26p 5.41% London Stock Exchange Group (LSEG) 9,124.00p 5.01% Relx plc (REL) 2,549.00p 4.72% Autotrader Group (AUTO) 461.20p 3.42% Entain (ENT) 571.20p 3.25% 3i Group (III) 2,200.00p 3.19% Experian (EXPN) 2,598.00p 3.05% Haleon (HLN) 330.60p 2.96% The Sage Group (SGE) 876.80p 2.77% Rightmove (RMV) 443.00p 2.71%

FTSE 100 - Fallers

Prudential (PRU) 977.60p -6.71% Standard Chartered (STAN) 1,911.50p -4.90% HSBC Holdings (HSBA) 1,341.40p -3.68% Antofagasta (ANTO) 4,144.00p -3.43% Rio Tinto (RIO) 7,871.00p -2.50% Sainsbury (J) (SBRY) 297.90p -2.20% Shell (SHEL) 3,221.00p -1.41% Vodafone Group (VOD) 111.75p -1.32% British American Tobacco (BATS) 4,342.00p -1.25% Metlen Energy & Metals (MTLN) 40.41p -1.05%