FTSE 100 movers: Compass points higher

29th Sep 2009 11:51

Contract caterer Compass is pointing higher after it reported trading has gone well in the fourth quarter with underlying earnings to be up by around 14% on a constant currency basis. Operating profit will get a boost of £120m from the movement of our key currencies compared with last year.Rumours that serial insurance company raider Clive Cowdery is preparing a takeover bid for Legal & General (L&G) through his investment vehicle Resolution has lifted L&G to the top of the Footsie leaderboard, with sector peer Aviva not far behind.Swiss bank Credit Suisse has issued a bearish note on the property sector prompting the likes of Land Securities, SEGRO and Hammerson to shift into reverse. Credit Suisse's sector rating for properties has been reduced to 'benchmark' from 'overweight'.Mobile phone group Vodafone, which is to sell the iPhone in the UK but not until after Christmas, also falls back.FTSE 100 - RisersLegal & General Group (LGEN) 82.70p +4.68%Aviva (AV.) 433.40p +3.49%Standard Life (SL.) 213.20p +3.04%Compass Group (CPG) 370.20p +2.95%Autonomy Corporation (AU.) 1,648.00p +2.87%Sage Group (SGE) 228.50p +2.24%Cairn Energy (CNE) 2,762.00p +2.22%Next (NXT) 1,855.00p +2.04%Royal Bank of Scotland Group (RBS) 52.65p +2.03%Lloyds Banking Group (LLOY) 105.80p +1.98%FTSE 100 - FallersLonmin (LMI) 1,643.00p -3.52%Land Securities Group (LAND) 634.50p -3.35%Randgold Resources (RRS) 4,307.00p -1.96%Hammerson (HMSO) 401.60p -1.93%SEGRO (SGRO) 369.50p -1.83%3i Group (III) 286.60p -1.71%Anglo American (AAL) 2,037.50p -1.67%Centrica (CNA) 254.40p -1.59%Xstrata (XTA) 914.00p -1.51%Vodafone Group (VOD) 142.30p -1.49%