Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 100 movers: JD Sports out fashion; Persimmon powers ahead
(Sharecast News) - London's FTSE 100 was down 0.2% at 8,208.53 in afternoon trade on Tuesday. JD Sports Fashion was under the cosh after it downgraded its full-year profit forecast as it posted a drop in revenue for November and December in challenging markets.
In an update for the nine weeks to 4 January, the retailer said like-for-like revenue across the two months fell 1.5% "in a challenging and volatile market that saw increased promotional activity".
The group now expects full-year pre-tax profit of between £915m and £935m, down from previous guidance of £955m to £1.035bn.
Games Workshop also lost ground despite posting record first-half results.
Persimmon surged to the top of the index as the housebuilder said full-year underlying pre-tax profit was set to be around the upper end of market expectations as completions were ahead of market forecasts.
In an update ahead of final results for the year to the end of December, the housebuilder said completions rose 7% on the previous year to 10,664 homes. This was driven by an 18% jump in private home completions to 9,075, with 1,589 partnership homes delivered in the period, up from 2,241.
Persimmon now expects full-year underlying pre-tax profit for 2024 to be around the upper end of market expectations of £349m to £390m, with underlying operating margins similar to the prior year, in line with previous guidance.
Peer Barratt Redrow also gained.
FTSE 100 - Risers
Persimmon (PSN) 1,115.00p 5.59% Ashtead Group (AHT) 5,054.00p 3.86% Pershing Square Holdings Ltd NPV (PSH) 4,202.00p 3.75% Airtel Africa (AAF) 119.70p 3.10% St James's Place (STJ) 831.50p 2.91% International Consolidated Airlines Group SA (CDI) (IAG) 311.20p 2.17% Informa (INF) 802.80p 2.03% Convatec Group (CTEC) 231.40p 2.03% Barratt Redrow (BTRW) 405.50p 1.96% Auto Trader Group (AUTO) 777.20p 1.70%
FTSE 100 - Fallers
JD Sports Fashion (JD.) 88.56p -8.04% Games Workshop Group (GAW) 12,710.00p -3.93% BP (BP.) 418.85p -2.86% Croda International (CRDA) 3,121.00p -2.19% Centrica (CNA) 132.90p -2.17% Next (NXT) 9,156.00p -2.07% Intermediate Capital Group (ICG) 2,030.00p -2.03% Diageo (DGE) 2,346.50p -1.88% GSK (GSK) 1,310.00p -1.58% Tesco (TSCO) 355.10p -1.42%
Share this article
Related Sharecast Articles
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.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.