FTSE 100 movers: Capita slumps on public spending worries

7th May 2010 16:37

Footsie is well down on the day as worries about a hung parliament spook the markets. There has been a late rally but it remains much lower. Outsourcing specialist Capita has been hit by downgrades on the back of worries about public spending. Royal Bank of Scotland is sharply lower even though it moved into profit at the operating level during the first quarter of 2010 as impairment charges fell, although there was still a small pre-tax loss.Most of the risers are mining companies but one notable exception is HSBC. The banking giant said it had a 'very good' start to 2010 that was well ahead of the same quarter the previous year.HSBC also has the benefit of greater exposure to Asia than its UK peers. FTSE 100 - RisersRio Tinto (RIO) 3,180.50p +2.38%Randgold Resources (RRS) 5,690.00p +1.97%Xstrata (XTA) 1,010.00p +1.58%HSBC Holdings (HSBA) 637.60p +1.46%BHP Billiton (BLT) 1,891.00p +0.99%RSA Insurance Group (RSA) 118.40p +0.42%Anglo American (AAL) 2,551.50p +0.24%Antofagasta (ANTO) 880.00p +0.17%Kazakhmys (KAZ) 1,215.00p +0.08%Fresnillo (FRES) 811.50p 0.00%FTSE 100 - FallersWolseley (WOS) 1,427.00p -7.10%Royal Bank of Scotland Group (RBS) 44.95p -6.80%Thomas Cook Group (TCG) 217.20p -6.50%BT Group (BT.A) 110.80p -5.54%Lloyds Banking Group (LLOY) 53.81p -5.00%British Land Co (BLND) 426.40p -4.99%Capita Group (CPI) 777.00p -4.84%Associated British Foods (ABF) 932.00p -4.80%British Airways (BAY) 194.80p -4.79%Land Securities Group (LAND) 598.00p -4.70%