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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 100 movers: Prudential, StanChart rally; oil giants gush lower

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,289.13 in afternoon trade on Thursday. Prudential and Standard Chartered - both of which are exposed to China - rallied after China pledged more measures to boost the economy.

Miners, which are heavily dependent on demand from China, also gained. Anglo American, Antofagasta, Glencore and Rio were all up.

On the downside, Shell and BP gushed lower amid weaker oil prices, following reports that Saudi Arabia could be lifting its output. Shell was also hit by a downgrade to 'neutral' at Oddo.

British American Tobacco and Rightmove were both in the red as they traded without entitlement to the dividend.

FTSE 100 - Risers

Prudential (PRU) 681.60p 6.17% Anglo American (AAL) 2,433.00p 5.87% Antofagasta (ANTO) 2,028.00p 5.62% Glencore (GLEN) 425.35p 5.52% Standard Chartered (STAN) 804.80p 5.45% Diageo (DGE) 2,612.50p 4.60% Spirax Group (SPX) 7,530.00p 4.44% Rio Tinto (RIO) 5,272.00p 3.84% Entain (ENT) 774.20p 3.75% Weir Group (WEIR) 2,204.00p 3.57%

FTSE 100 - Fallers

Shell (SHEL) 2,414.00p -4.66% BP (BP.) 384.40p -3.96% British American Tobacco (BATS) 2,766.00p -2.67% BAE Systems (BA.) 1,246.00p -2.20% Tesco (TSCO) 358.40p -2.05% Compass Group (CPG) 2,424.00p -1.26% Rightmove (RMV) 664.20p -1.22% Unilever (ULVR) 4,848.00p -1.08% Imperial Brands (IMB) 2,177.00p -1.00% Relx plc (REL) 3,601.00p -0.83%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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