FTSE 100 movers: Standard boost

2nd Mar 2010 15:22

Financials and commodities are pushing the Footsie forward although Prudential is still falling back. Standard Chartered is rising ahead of its 2009 figures tomorrow. The Asia-focused bank is expected to announce profit before tax of $5.1bn. Market consensus is for earnings per share to fall somewhere in the range of $1.52 to $1.80.Fresnillo, the world's biggest primary silver producer and Mexico's second largest gold producer, is in demand. The company more than doubled profit after tax in 2009 on higher metal prices and record silver output. Insurer Prudential continues to fall as investors worry bout the enormous cash call it will need to finance the group's acquisition of AIG's Asian assets.Car insurer Admiral reported record profits and sales in 2009, . The company cautioned that conditions will remain challenging for its price comparison site Confused in 2010 as competition increases.FTSE 100 - RisersBritish Airways (BAY) 222.30p +4.66%ARM Holdings (ARM) 218.10p +4.30%Fresnillo (FRES) 811.00p +3.64%ICAP (IAP) 338.70p +3.33%Hammerson (HMSO) 402.40p +3.29%SEGRO (SGRO) 333.50p +3.22%Standard Chartered (STAN) 1,574.00p +3.18%Royal Bank of Scotland Group (RBS) 37.85p +3.16%Man Group (EMG) 232.10p +3.06%Tullow Oil (TLW) 1,234.00p +2.92%FTSE 100 - FallersPrudential (PRU) 479.00p -9.62%Vedanta Resources (VED) 2,520.00p -4.58%Admiral Group (ADM) 1,211.00p -4.27%Associated British Foods (ABF) 954.50p -1.60%Rolls-Royce Group (RR.) 554.50p -1.33%Smiths Group (SMIN) 1,054.00p -0.57%Compass Group (CPG) 497.50p -0.50%Reckitt Benckiser Group (RB.) 3,480.00p -0.49%Burberry Group (BRBY) 634.50p -0.47%Lonmin (LMI) 1,835.00p -0.38%