FTSE 100 movers: Banks in demand

3rd Dec 2009 18:06

Barclays was wanted after the Telegraph reported that it is set to award its 22,000 investment bankers pay rises of up to 150%. Lloyds Banking was also higher, as was Royal Bank of Scotland. Market makers initially marked RBS lower on news that that the bank's board is threatening to resign en masse if Alistair Darling puts a padlock on the group's £1.5bn bonus pot. Miners were the main weak spot. Xstrata was one of the worst performing blue-chips joining its fellow miners in the red as industrial metals prices turn lower. Silver miner Fresnillo was weaker in line with the softer silver price while gold miner Randgold Resources is also on the slide as the price of gold comes off its overnight high.British Airways' total passengers carried fell 3.4% to 2.3m in November but long-haul premium traffic and average fares are looking better.FTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 35.12p +4.69%Lloyds Banking Group (LLOY) 55.45p +4.43%Legal & General Group (LGEN) 78.80p +4.10%Barclays (BARC) 304.50p +2.35%3i Group (III) 281.00p +2.14%Sage Group (SGE) 225.30p +1.90%British Airways (BAY) 206.20p +1.88%InterContinental Hotels Group (IHG) 869.50p +1.70%FTSE 100 - FallersXstrata (XTA) 1,104.00p -3.83%Rio Tinto (RIO) 3,183.50p -3.30%Tullow Oil (TLW) 1,255.00p -3.01%Lonmin (LMI) 1,857.00p -2.83%Anglo American (AAL) 2,650.00p -2.61%Resolution (RSL) 81.85p -2.44%Fresnillo (FRES) 886.50p -2.37%Autonomy Corporation (AU.) 1,446.00p -2.30%