FTSE 100 movers: Liberty taps shareholders again

23rd Sep 2009 12:44

Property group Liberty pulled the rug from under the property sector with its £280m placing at 500p.The retail park specialist has already had one hefty placing this year, raising £590m through a placing and open offer at 310p, and investors seemingly balked at this latest tap.The 500p placing price was more than an 11% discount to last night's close, which is a heavy discount. Rivals British Land and Hammerson fell in sympathy.Fears of a cash call also continue to send Royal Bank of Scotland lower. Earlier in the week it confirmed it was looking at ways to reduce the size of its participation in the government's toxic asset protection scheme.Burberry is top of the risers as the fashion group's chief executive Angela Ahrendts reportedly gave a bullish update on trading at the close of London Fashion Week yesterday.FTSE 100 - RisersBurberry Group (BRBY) 505.00p +5.96%Standard Chartered (STAN) 1,526.00p +3.11%InterContinental Hotels Group (IHG) 837.50p +2.13%Experian Group (EXPN) 527.00p +2.03%Xstrata (XTA) 959.50p +2.02%Imperial Tobacco Group (IMT) 1,791.00p +1.88%Kazakhmys (KAZ) 1,119.00p +1.82%WPP Group (WPP) 553.00p +1.75%FTSE 100 - FallersLiberty International (LII) 513.50p -8.95%British Land Co (BLND) 491.10p -4.27%Hammerson (HMSO) 416.90p -3.72%Thomas Cook Group (TCG) 248.10p -3.35%Royal Bank of Scotland Group (RBS) 51.65p -3.28%BT Group (BT.A) 135.50p -2.17%Aviva (AV.) 413.90p -1.80%Schroders NV (SDRC) 933.00p -1.48%