FTSE 100 movers: Miners gain, IG Group tumbles

2nd Oct 2026 14:08

(Sharecast News) - London's FTSE 100 was up 0.4% at 10,473.75 in afternoon trade on Friday.

Caterer Compass Group was the standout performer on the index, although there was no obvious reason for the strong showing.

Miners Antofagasta and Glencore were among the top risers as metals prices stabilised after Thursday's selloff.

Vodafone was also higher as Berenberg upped its price target on the stock from 123p to 140p and reiterated a 'buy' rating, saying it remains "relatively cheap" compared with the wider European telco sector. The broker attributed the improved outlook to July's first-quarter result, which came in at the upper end of guidance, driven by strong growth at Vodacom and in Germany.

On the downside, IG Group plunged after the online trading platform warned that a tough third quarter had hit annual revenues. The blue chip spreadbetter said total revenues were expected to have fallen by around 14% in the three months to 30 September, to £240m.

It attributed the slide to lower over-the-counter revenue retention in its core derivatives business, which fell to 70% from the 80% averaged since the introduction of market-making optimisation measures at the end of the last year.

As a result, IG now expects total 2026 revenues growth to be in the mid-single digit percentage range year-on-year, down from guidance in May of growth of between 10% and 15%. Prior to the update, consensus had been for total revenues of £1.26bn in 2026, following a 7% uplift in 2025 to £1.12bn.

FTSE 100 - Risers

Compass Group 11 (CPG) 30.10p 4.44%

BT Group (BT.A) 197.70p 3.64%

Halma (HLMA) 3,588.00p 3.58%

Antofagasta (ANTO) 3,781.00p 2.91%

Fresnillo (FRES) 2,754.00p 2.91%

Glencore (GLEN) 560.60p 2.75%

Spirax Group (SPX) 7,330.00p 2.37%

Vodafone Group (VOD) 127.05p 2.34%

Airtel Africa (AAF) 311.60p 2.23%

International Consolidated Airlines Group SA (CDI) (IAG) 440.40p 1.94%

FTSE 100 - Fallers

IG Group Holdings (IGG) 1,001.00p -21.81%

Standard Chartered (STAN) 2,167.00p -2.69%

Lion Finance Group (BGEO) 13,220.00p -2.36%

ICG (ICG) 1,769.00p -1.72%

Investec (INVP) 601.50p -1.48%

SSE (SSE) 2,446.00p -0.93%

Prudential (PRU) 912.40p -0.87%

Babcock International Group (BAB) 941.00p -0.80%

HSBC Holdings (HSBA) 1,429.00p -0.78%

BP (BP.) 554.20p -0.56%

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