FTSE 100 movers: Sainsbury rises on strong first half

13th Nov 2013 15:14

Supermarket giant Sainsbury rose after boasting of its largest market share for a decade in the first half, helped by fast growth from its own-brand food and an even faster growth of non-food.Utility stocks have put in a good performance today after sentiment was dampened by the Bank of England's (BoE) quarterly Inflation Report and jobless data.In the Inflation Report today, the BoE painted a bright outlook for the UK economy, but said it was in no rush to raise interest rates. Meanwhile, shares in RSA continued to struggle; earlier this week the group issued a profit warning, with reports emerging today that its Chief Executive's position is under threat. Shares in the LSE were also amongst the worst performers today, after this morning posting a 13% decline in adjusted group operating profit on an organic and constant currency basis. The company posted adjusted basic earnings of 48.2p, down from 51.8p. According to Sharecast analysts, the fall may also be linked to the significant declines in many Italian bank stocks following the latest earnings out this morning from Intesa San Paolo. Analysts at Royal Bank of Scotland on Tuesday highlighted the weak capital ratios to be seen at medium-sized Italian banks.Standard Chartered shares declined, hit in part by a rating cut by Mizuho Analyst James Antos, from 'neutral' to 'underperform'. Fellow banks Barclays and RBS also fell. FTSE 100 - RisersSainsbury (J) (SBRY) 410.40p +2.91%Centrica (CNA) 364.60p +1.17%Croda International (CRDA) 2,350.00p +0.77%easyJet (EZJ) 1,233.00p +0.49%Capita (CPI) 972.50p +0.31%G4S (GFS) 257.50p +0.19%United Utilities Group (UU.) 689.50p +0.15%Sage Group (SGE) 346.10p +0.09%Sports Direct International (SPD) 678.50p +0.07%FTSE 100 - FallersRSA Insurance Group (RSA) 105.20p -3.84%British Sky Broadcasting Group (BSY) 808.00p -3.81%ITV (ITV) 181.90p -3.40%London Stock Exchange Group (LSE) 1,555.00p -3.12%Mondi (MNDI) 1,014.00p -2.97%Barclays (BARC) 249.30p -2.92%Standard Chartered (STAN) 1,443.00p -2.86%WPP (WPP) 1,310.00p -2.75%Persimmon (PSN) 1,167.00p -2.75%Vedanta Resources (VED) 1,012.00p -2.69%NR