FTSE 100 movers: IG Group surges on guidance upgrade; miners drop

19th May 2026 14:11

(Sharecast News) - London's FTSE 100 was up 0.1% at 10,335.05 in afternoon trade on Tuesday.

IG Group surged to the top of the index as the online trading provider lifted its guidance for 2026 and its medium-term outlook following a strong first quarter and a good start to the second quarter.

The company now expects 2026 organic total revenue growth of between 10% and 15% on the 2025 base of around £1.1bn, up from previous guidance of high single digits. The group also upgraded its medium-term outlook to at least 10% organic total revenue compound growth per year beyond 2026.

Net interest income is now expected at £110m to £120m versus around £110m previously, reflecting higher rate expectations, the company said.

Diploma was also a high riser as it boosted annual guidance for the second time after interim earnings rocketed.

Having already upgraded guidance in March, it lifted it again, and is now forecasting annual organic growth of 12% on a constant currency basis, up from 9%, and operating profit growth of more than 30%.

Experian and Severn Trent were both in the black ahead of results on Wednesday.

On the downside, heavily-weighted miners Rio Tinto, Antofagasta, Anglo American and Glencore all lost ground as metals prices, including copper, fell.

Standard Chartered retreated as it announced plans to cut nearly 8,000 jobs and set higher medium-term profitability targets.

FTSE 100 - Risers

IG Group Holdings (IGG) 1,752.00p 10.98%

Airtel Africa (AAF) 334.00p 7.35%

Diploma (DPLM) 6,945.00p 4.98%

Rightmove (RMV) 424.70p 4.53%

3i Group (III) 2,160.00p 4.13%

The Sage Group (SGE) 907.60p 3.11%

BAE Systems (BA.) 1,929.00p 2.69%

Experian (EXPN) 2,716.00p 2.63%

Severn Trent (SVT) 3,008.00p 2.45%

Next (NXT) 12,910.00p 2.26%

FTSE 100 - Fallers

Rio Tinto (RIO) 7,562.00p -2.07%

Antofagasta (ANTO) 3,718.00p -1.69%

Fresnillo (FRES) 3,282.00p -1.59%

Metlen Energy & Metals (MTLN) 37.85p -1.58%

Compass Group 11 (CPG) 32.17p -1.41%

Anglo American (AAL) 3,730.00p -1.30%

Aviva (AV.) 624.00p -1.01%

Standard Chartered (STAN) 1,901.00p -0.83%

Glencore (GLEN) 568.70p -0.80%

Smurfit Westrock (DI) (SWR) 2,784.00p -0.75%