FTSE 100 movers: 3i Group rallies again; oil giants gush lower

(Sharecast News) - London's FTSE 100 was 0.7% higher at 10,717.09 in afternoon trade on Friday. 3i Group was a high riser again, having said on Thursday that its largest holding, Dutch discount retailer Action, delivered a strong financial performance in the first quarter. The stock was also boosted after UBS raised its target price to 3,200p from 2,900p.

Patrick Munnelly at Tickmill Group said; "The upgrade provided another stock-specific catalyst for financials and supported the broader market advance."

Relx ticked up, having gained a day earlier as the provider of information-based analytics and decision tools reaffirmed its full-year outlook and posted a rise in first-half revenue and profit.

On the downside, oil giants BP and Shell gushed lower as oil prices eased back after Brent crude breached $100 a barrel for the first time since May.

FTSE 100 - Risers

JD Sports Fashion (JD.) 88.36p 3.32% 3i Group (III) 2,749.00p 2.84% Computacenter (CCC) 4,834.00p 2.72% International Consolidated Airlines Group SA (CDI) (IAG) 433.50p 2.70% Pershing Square Holdings Ltd NPV (PSH) 3,742.00p 2.64% Weir Group (WEIR) 2,608.00p 2.59% The Sage Group (SGE) 842.00p 2.48% Anglo American (AAL) 3,718.00p 2.42% Rolls-Royce Holdings (RR.) 1,389.60p 2.27% Relx plc (REL) 2,503.00p 2.20%

FTSE 100 - Fallers

Airtel Africa (AAF) 335.40p -3.01% BT Group (BT.A) 190.25p -1.81% BP (BP.) 545.50p -1.76% Vodafone Group (VOD) 114.40p -1.51% Shell (SHEL) 3,298.50p -1.36% SSE (SSE) 2,420.00p -0.82% Babcock International Group (BAB) 1,126.50p -0.79% Rentokil Initial (RTO) 426.50p -0.65% Centrica (CNA) 160.60p -0.50% Marks & Spencer Group (MKS) 377.90p -0.47%