16th Sep 2026 10:35
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday.
----------
FTSE 100 winners
----------
Barratt Redrow PLC, up 9.0% at 301.20 pence, trims outlook but full-year profit beats expectations
Persimmon PLC, up 4.0% at 1,142.50p
Fresnillo PLC, up 2.7% at 2,927.50p
Antofagasta PLC, up 2.5% at 3,587.50p
Standard Chartered PLC, up 2.0% at 2,310.50p
----------
FTSE 100 losers
----------
Marks & Spencer Group PLC, down 4.1% at 360.35p
Burberry Group PLC, down 2.2% at 956.50p
J Sainsbury PLC, down 1.8% at 330.80p
Tesco PLC, down 1.6% at 471.80p
Relx PLC, down 1.6% at 2,495.50p
----------
FTSE 250 winners
----------
Kier Group PLC, up 6.9% at 275.40 pence, adds to 11% gain on Tuesday after annual results; Deutsche Bank Research ups price target to 330p from 295p
Pan African Resources PLC, up 5.3% at 120.65p, annual profit surges
Raspberry Pi Holdings PLC, up 4.1% at 540.25p
Bellway PLC, up 3.9% at 2,030.00p
Galliford Try Holdings PLC, up 3.6% at 592.50p
----------
FTSE 250 losers
----------
Moonpig Group PLC, down 6.8% at 243.10p, Experiences division revenue remains low
Frasers Group PLC, down 4.2% at 750.25p
Oxford BioMedica PLC, down 2.5% at 449.50p
International Workplace Group PLC, down 1.9% at 174.20p
WH Smith PLC, down 1.8% at 356.30p, expects to be at bottom end of profit guidance
----------
FTSE 100 & 250 movers in focus:
----------
Barratt Redrow PLC, up 9.0% at 301.20 pence, 12-month range 235.40p-410.29p. The housebuilder reports better-than-expected full-year profit, but reduces its completions outlook for financial 2027. Pretax profit rises 48% to GBP363.5 million in the 52 weeks that ended June 28 from GBP245.3 million on an aggregated basis, as revenue increases 6.6% to GBP6.06 billion from GBP5.68 billion. Adjusted pretax profit falls 7.1% to GBP572.8 million from GBP616.5 million but beats guidance of GBP559.5 million. Total home completions rise 5.0% to 17,667. Barratt Redrow lowers its financial 2027 completions guidance to between 17,500 and 17,900 homes from 17,700 to 18,200, citing continued UK planning delays, although its private reservation rate has improved since the year-end. The company also confirms plans for a GBP400 million capital return in financial 2027, including around GBP386 million of share buybacks.
----------
Kier Group PLC, up 6.9% at 275.40 pence, 12-month range 186.80p-277.00p. Deutsche Bank raises its price target for the infrastructure services and construction firm to 330p from 295p, retaining its 'buy' rating. The bank highlights Kier's 10% earnings per share growth in financial 2026 and upgraded medium-term target for double-digit EPS compound annual growth. Deutsche Bank says around half of this growth could come from maintaining margins alongside mid-single-digit revenue growth, supported by water, defence, energy and healthcare markets, with the remainder driven by interest cost savings. It also highlights Kier's plans to focus on its core Infrastructure and Construction businesses, wind down Property and target average net cash of more than GBP200 million by financial 2029. Deutsche Bank views Kier's 10-times price-to-earnings multiple as "highly attractive" alongside a 6% distribution yield.
----------
Pan African Resources PLC, up 5.3% at 120.65 pence, 12-month range 76.50p-190.40p. The gold producer reports a record financial year as higher production and a stronger gold price drive a surge in earnings. Pretax profit nearly triples to USD534.4 million in the 12 months to June 30 from USD196.6 million, while revenue more than doubles to USD1.16 billion from USD540.0 million. Gold production rises 39% to a record 272,310 ounces from 196,527 ounces, while the average gold price received increases 55% to USD4,235 an ounce from USD2,735. Adjusted Ebitda jumps to USD609.4 million from USD226.6 million, despite all-in sustaining costs rising 17% to USD1,867 an ounce. Pan African lifts its total dividend to 77.0 rand cents per share from 37.0 cents. It guides for financial 2027 production of between 280,000 and 302,000 ounces. Separately, Chair Keith Spencer will retire following the annual general meeting in November, with Charles Needham succeeding him.
----------
Moonpig Group PLC, down 6.8% at 243.10 pence, 12-month range 193.40p-293.00p. The online greeting cards and gifting platform says trading in financial 2027 is in line with expectations and reiterates its full-year outlook, although revenue at its Experiences business remains lower on-year. Its core Moonpig brand, which accounts for around 75% of group sales, is delivering revenue growth through higher order volumes and average order values, while its Dutch business, Greetz, records modest on-year growth. Experiences continues to report higher online gross transaction value, but revenue declines following the managed exit from some third-party retail partnerships and reinvestment of commission revenue. Moonpig expects Experiences revenue to return to on-year growth during the second half. The group continues to target mid-to-high single-digit annual revenue growth, a 25% to 27% adjusted Ebitda margin and double-digit adjusted earnings per share growth.
----------
WH Smith PLC, down 1.8% at 356.30 pence, 12-month range 345.60p-712.00p. The travel retailer expects financial 2026 headline pretax profit before non-underlying items of around GBP75 million, scraping the bottom end of its GBP75 million to GBP90 million guidance range, which it had already lowered by GBP15 million in June. Revenue rises 4% in the fourth quarter and 5% for the full year, with UK fourth-quarter revenue up 7% and like-for-like sales up 4%. WH Smith says lower trading margins reflect increased promotional activity, reduced brand marketing, and inflationary pressures, partly offset by central cost reductions and lower interest costs. North American fourth-quarter revenue rises 5%, although like-for-like sales fall 3% amid lower passenger volumes and softer consumer demand. Following its GBP103 million equity raise in June and underlying cash generation, WH Smith expects year-end net debt of around GBP325 million, down roughly GBP170 million from the first half, with leverage at around 2.0 times.
----------
By Eva Castanedo, Alliance News senior economics reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Barratt RedrowPersimmonFresnilloAntofagastaStandard CharteredMarks & SpencerBurberrySainsbury'sTescoRelxKierPan African ResourcesRaspberry PiBellwayGalliford TryMoonpig GrFrasers GroupOxford BiomedicaInternational Workplace GroupWh Smith