FTSE 100 movers: Contract concerns for BAE

22nd Feb 2011 12:23

Although the FTSE 100 is off its low for the day it remains well down. Worries about potential cancellations of defence projects hit BAE Systems. Rising oil prices have knocked International Consolidated Airlines Group. BHP Billiton has regained its early losses after it announced the acquisition of Chesapeake Energy's Fayetteville oil shale assets.The strong gold price has helped African Barrick Gold. Property companies are also holding up today with Land Securities and Hammerson slightly higher. FTSE 100 - Risers Royal Bank of Scotland Group (RBS) 47.30p +1.42%Wolseley (WOS) 2,123.00p +1.10%Scottish & Southern Energy (SSE) 1,211.00p +0.41%African Barrick Gold (ABG) 568.00p +0.18%Land Securities Group (LAND) 736.50p +0.14%Capita Group (CPI) 671.00p +0.07%BHP Billiton (BLT) 2,375.50p +0.04%Hammerson (HMSO) 455.30p +0.02%FTSE 100 - Fallers BAE Systems (BA.) 322.70p -5.51%International Consolidated Airlines Group SA (IAG) 231.00p -3.55%Serco Group (SRP) 527.50p -3.12%Fresnillo (FRES) 1,511.00p -2.52%Man Group (EMG) 287.40p -2.48%Burberry Group (BRBY) 1,148.00p -2.46%International Power (IPR) 333.70p -2.40%Rolls-Royce Group (RR.) 610.00p -2.24%Reckitt Benckiser Group (RB.) 3,218.00p -2.22%Bunzl (BNZL) 751.50p -2.21%