FTSE 100 movers: Burberry rises after HSBC lifts PT; SSE goes ex-div

(Sharecast News) - London's FTSE 100 was 0.3% higher at 9,723.55 in afternoon trade on Thursday. Burberry was on the rise after HSBC lifted its price target on the luxury fashion brand.

SSE fell as it traded without entitlement to the dividend.

Drinks giant Diageo was also lower after UBS cut its price target on the stock to 1,850p from 2,250p.

FTSE 100 - Risers

3i Group (III) 3,128.00p 4.30% Spirax Group (SPX) 6,945.00p 3.35% JD Sports Fashion (JD.) 80.96p 3.24% Ashtead Group (AHT) 4,820.00p 2.88% Mondi (MNDI) 878.40p 2.86% Burberry Group (BRBY) 1,208.00p 2.59% Smurfit Westrock (DI) (SWR) 2,724.00p 2.29% WPP (WPP) 292.40p 2.13% Whitbread (WTB) 2,416.00p 1.94% Melrose Industries (MRO) 582.80p 1.89%

FTSE 100 - Fallers

Entain (ENT) 754.60p -3.97% SSE (SSE) 2,183.00p -1.98% International Consolidated Airlines Group SA (CDI) (IAG) 383.60p -1.87% Auto Trader Group (AUTO) 610.60p -1.86% Diageo (DGE) 1,722.00p -1.60% London Stock Exchange Group (LSEG) 8,738.00p -1.47% Airtel Africa (AAF) 314.60p -1.26% Coca-Cola Europacific Partners (DI) (CCEP) 6,880.00p -1.01% AstraZeneca (AZN) 13,568.00p -0.92% Rightmove (RMV) 527.80p -0.86%