FTSE 100 movers: Smith & Nephew bid rumours

8th Dec 2010 15:21

Smith & Nephew is higher on rumours that it could be the subject of a bid. US private equity firms are thought to be considering an offer at 800p a share. There are also rumours that Gucci owner PPR many bid for Burberry. News from the British Retail Council showing shop price inflation fell for the first time in five months in November as nervous retailers slashed prices hit the share price of shopping centres owner Capital Shopping Centres. Food producer and discount retailer ABF was lower after it went ex-dividend. The share price fall was slightly higher than the 16.2p a share dividend. Investec also went ex-dividend today and its share price also fell slightly more than the 8p a share interim dividend. FTSE 100 - RisersSmith & Nephew (SN.) 639.50p +5.35%G4S (GFS) 248.80p +4.49%Burberry Group (BRBY) 1,170.00p +3.54%Prudential (PRU) 633.00p +3.43%Capita Group (CPI) 688.50p +2.53%Standard Chartered (STAN) 1,878.00p +1.95%Aviva (AV.) 390.20p +1.93%Resolution Ltd. (RSL) 230.30p +1.72%Antofagasta (ANTO) 1,552.00p +1.57%BP (BP.) 461.20p +1.36%FTSE 100 - FallersCapital Shopping Centres Group (CSCG) 386.80p -5.20%Admiral Group (ADM) 1,574.00p -2.54%Associated British Foods (ABF) 1,113.00p -2.02%Petrofac Ltd. (PFC) 1,488.00p -1.91%Man Group (EMG) 278.20p -1.87%Investec (INVP) 497.20p -1.84%Sage Group (SGE) 281.00p -1.61%Johnson Matthey (JMAT) 1,926.00p -1.38%Land Securities Group (LAND) 649.50p -1.37%Randgold Resources Ltd. (RRS) 5,825.00p -1.35%