Portfolio

FTSE 100 movers: Food retailers rise on sales, GlaxoSmithKline softens

By Josh White

Date: Tuesday 19 Sep 2017

FTSE 100 movers: Food retailers rise on sales, GlaxoSmithKline softens

(ShareCast News) - The FTSE 100 was in the green on Tuesday afternoon, as the pound gave up early gains against the dollar.
Kantar Worldpanel released data on the food retail industry showing sales had risen 3.6% in the 12 weeks to 10 September, the sixth consecutive period in which sales rose by more than 3% but down slightly from the 4% announced in August.

Marks & Spencer, Sainsbury's, Morrisons and Tesco were all among the top risers.

Medical products and technology company ConvaTec was modestly higher announced the European introduction of its new "intermittent catheter".

The firm said the availability of GentleCath Glide in European markets followed its successful launch in the US earlier in the year, and would be supported by the roll out of the 'me+' programme for continence care, which was an extension of the company's direct-to-consumer programme in ostomy care.

GlaxoSmithKline was down slightly even though it announced that the US Food and Drug Administration has approved once-daily, single inhaler triple therapy under the brand name Trelegy Ellipta for the long-term treatment of patients with chronic obstructive pulmonary disease.

The FTSE 100 drugmaker said it is the first once-daily product approved in the US that combined three active molecules in a single inhaler for the maintenance treatment of appropriate patients with COPD.

Investors in Easyjet and British Airways-owner IAG were enjoying the grimaces over at Ryanair as the Dublin carrier admitted to a "mess-up" on pilot rostering that forced it to write to 400,000 passengers to tell them that their flights were cancelled.

FTSE 100 - Risers

Marks & Spencer Group (MKS) 341.70p 3.99%
International Consolidated Airlines Group SA (CDI) (IAG) 606.50p 2.62%
Sainsbury (J) (SBRY) 242.70p 2.41%
Ferguson (FERG) 4,682.00p 2.36%
Johnson Matthey (JMAT) 2,973.00p 2.16%
Morrison (Wm) Supermarkets (MRW) 235.40p 1.86%
G4S (GFS) 277.90p 1.83%
Smurfit Kappa Group (SKG) 2,415.00p 1.77%
AstraZeneca (AZN) 4,780.50p 1.50%
Centrica (CNA) 190.10p 1.49%

FTSE 100 - Fallers

TUI AG Reg Shs (DI) (TUI) 1,287.00p -2.20%
Coca-Cola HBC AG (CDI) (CCH) 2,534.00p -1.63%
Mondi (MNDI) 2,027.00p -1.51%
NMC Health (NMC) 2,710.00p -1.49%
Antofagasta (ANTO) 940.00p -1.42%
Carnival (CCL) 4,781.00p -1.18%
Whitbread (WTB) 3,634.00p -0.82%
Smith & Nephew (SN.) 1,334.00p -0.82%
British American Tobacco (BATS) 4,666.00p -0.81%
BT Group (BT.A) 285.35p -0.78%

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