FTSE 100 movers: Financials move higher

24th Mar 2010 15:38

Financials are moving ahead following the Budget. Banks seem to have been the major beneficiaries of the Chancellor's speech, with the absence of any bank bashing leading to firmer prices for part-nationalised lenders Royal Bank of Scotland and Lloyds Banking Group.Hedge fund manager Man Group expects its profits to more than halve in the year to March 2010 yet its share price is also higher. Insure Aviva is going in the opposite direction but that is because the shares have gone ex-dividend. The final dividend is 15p a share and the share price decline is slightly higher than that. FTSE 100 - RisersSmiths Group (SMIN) 1,166.00p +2.37%Petrofac Ltd (PFC) 1,251.00p +1.87%Shire Plc (SHP) 1,502.00p +1.62%Lloyds Banking Group (LLOY) 63.99p +1.57%Man Group (EMG) 245.90p +1.32%Thomas Cook Group (TCG) 259.00p +1.25%GlaxoSmithKline (GSK) 1,298.00p +1.05%Royal Bank of Scotland Group (RBS) 44.48p +0.95%Cobham (COB) 264.20p +0.88%AstraZeneca (AZN) 2,991.50p +0.76%FTSE 100 - FallersAviva (AV.) 383.90p -4.41%Fresnillo (FRES) 816.50p -2.74%Wolseley (WOS) 1,553.00p -2.57%InterContinental Hotels Group (IHG) 1,017.00p -2.21%BG Group (BG.) 1,151.50p -2.04%National Grid (NG.) 629.00p -1.87%Severn Trent (SVT) 1,167.00p -1.77%Johnson Matthey (JMAT) 1,719.00p -1.66%Rolls-Royce Group (RR.) 603.00p -1.47%G4S (GFS) 259.60p -1.37%