FTSE 100 movers: BT gain outweighs financials dip

13th May 2010 14:38

BT dominates the Footsie today as positive reaction to its figures sent the share price more than 10% higher. The reported pre-tax profit of £1.01bn in the year ended March 2010 compared with a loss of £244m last time. In the final quarter, the pre-tax profit was £251m compared to a loss of £1.31bn the same time last year.The proposed final dividend of 4.6p gives a full year dividend of 6.9p, an increase of 6%. Positive trading news from Eurasian Natural Resources has also helped boost Kazakhmys and Fresnillo. Financials remain weak and they are being led down by Standard Chartered and Barclays. There is some profit taking at flight refuelling business Cobham. The share price is still slightly higher over the past week as it recovers from last Thursday's disappointing trading statement. FTSE 100 - RisersBT Group (BT.A) 133.60p +10.87%3i Group (III) 288.50p +7.57%Eurasian Natural Resources (ENRC) 1,135.00p +3.65%Fresnillo (FRES) 892.00p +3.48%Amec (AMEC) 849.50p +3.35%Sainsbury (J) (SBRY) 338.40p +3.17%Cable & Wireless Worldwide (CW.) 82.40p +3.00%Cairn Energy (CNE) 413.90p +2.63%BHP Billiton (BLT) 1,985.00p +2.11%Kazakhmys (KAZ) 1,319.00p +2.01%FTSE 100 - FallersCobham (COB) 246.70p -2.22%Shire Plc (SHP) 1,461.00p -1.48%BAE Systems (BA.) 342.60p -1.30%TUI Travel (TT.) 261.60p -1.28%British Sky Broadcasting Group (BSY) 593.50p -1.25%Smiths Group (SMIN) 1,115.00p -1.24%Standard Chartered (STAN) 1,685.00p -1.06%Barclays (BARC) 325.35p -1.05%Prudential (PRU) 560.50p -0.88%Legal & General Group (LGEN) 82.65p -0.84%