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WINNERS & LOSERS: BP and Shell rise, gold miners fall on Trump speech

2nd Apr 2026 09:14

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday.

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FTSE 100 winners

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BP PLC, up 3.1% at 594.1 pence, oil price surges on Trump speech

Shell PLC, up 2.4% at 3,527.25p, also tracks Brent higher

British American Tobacco PLC, up 1.5% at 4,379.5p, stocks with defensive qualities rise

Centrica PLC, up 1.2% at 214.6p, the British Gas owner is up some 8% since the Iran conflict began

National Grid PLC, up 0.9% at 1,305.5p, utilities climb on war nerves

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FTSE 100 losers

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Fresnillo PLC, down 6.2% at 3,281p, gold prices fall

Endeavour Mining PLC, down 5.7% at 4,449p

Antofagasta PLC, down 4.3% at 3,334p

Barratt Redrow PLC, down 4.1% at 252.35p, ex-dividend

Anglo American PLC, down 4.0% at 3211p

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FTSE 250 winners

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B&M European Value Retail SA, up 4.9% at 182p

Ithaca Energy PLC, up 3.7% at 254p, tracks oil higher

Harbour Energy PLC, up 2.3% at 294.3p

North Atlantic Smaller Cos Investment Trust PLC, up 1.5% at 339p

AG Barr PLC, up 1.0% at 633.5p

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FTSE 250 losers

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Pan African Resources PLC, down 7.7% at 141.8p, lower gold price

Hochschild Mining PLC, down 7.6% at 589.75p, lower gold price, Berenberg cuts price target

OSB Group PLC, down 6.3% at 506.25p, ex-dividend

Chesnara PLC, down 5.8% at 286.5p, ex-dividend

Taylor Wimpey PLC, down 5.2% at 83.93p, ex-dividend

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FTSE 100 & 250 movers in focus:

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BP PLC, up 3.1% 594.1 pence, 12-month range 329.20p-609.40p. The oil major rises as Brent climbs to around USD108 a barrel, having sat below USD100 at times on Wednesday. US President Donald Trump vowed two to three weeks further of "extremely hard" strikes against Iran but vowed "we are going to finish the job". Iran Thursday threatened "crushing" attacks on the US and Israel.

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Centrica PLC, up 1.2% at 214.6p, 12-month range 137.55p-215.30p. Shares in the British Gas owner have offered a port in the storm for investors during Middle East conflict. It is one of just a handful of FTSE 100 constituents to have risen in the month since the war began.

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Fresnillo PLC, down 6.2% at 3,281p, 12-month range 764.50p-4,472.00p. The gold miner has slumped by around a quarter since the war began on February 28. Gold falls around 3% to USD4,645.11 an ounce early Thursday in London from USD4,783.27 late Wednesday. The precious metal was fetching USD5,278 an ounce before the war.

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Lloyds Banking Group PLC, down 1.5% at 96.28 pence, 12-month range 60.78p-114.60p. Lloyds won't increase its motor finance provision, after the UK regulator announced a redress scheme that was less than expected. The lender, whose existing provision stands at GBP1.95 billion, says it has "undertaken an assessment of the implications and impact of the final rules". "Further to this analysis the group does not currently believe any change to the provision for this issue is required," Lloyds adds. The Financial Conduct Authority on Monday confirmed it will proceed with an industry-wide motor finance redress scheme, aiming to compensate millions of customers. The scheme is expected to see lenders pay out around GBP7.5 billion in compensation, with total costs including administration estimated at GBP9.1 billion. This is lower than earlier projections of up to GBP11 billion.

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Baillie Gifford US Growth Trust PLC, up 0.5% at 292.50 pence, 12-month range 183.35p-300.00p. It reports an "upwards adjustment" in the valuation of its Space Exploration Technologies Corp holding. Bloomberg on Wednesday reported that SpaceX has filed confidentially for a blockbuster initial public offering. SpaceX now accounts for just under 15% of the London-listed trust's total assets as at March 31, up from just below 12% at the end of February. Scottish Mortgage Investment Trust PLC also notes the upward valuation. SpaceX now makes up 19.3% of its total assets, up from 15.4% on February 28. Scottish Mortgage last month proposed a tweak to its investment policy, which would permit it to invest more in private companies.

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Wizz Air Holdings PLC, down 3.8% at 868.18 pence, 12-month range 832.00p-1,778.00p. Airlines are among the biggest losers on Thursday as war nerves return to the fore following Trump's speech. Wizz is down around 30% since the war began, among the worst FTSE 250 performers during that stretch. Budapest-based Wizz on Thursday says it carried 5.5 million passengers in March, up 8.4% from 5.1 million a year before.

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By Eric Cunha, Alliance News news editor

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


Related Shares:

BPShellBritish American TobaccoCentricaNational GridFresnilloEndeavour MiningAntofagastaBarratt RedrowAnglo AmericanB&MIthaca EnergyHarbour EnergyNorth Atl.smlrBarr (A.G.)Pan African ResourcesOneSavings BankHochschildChesnaraTaylor WimpeyLloydsBaillie Gifford US Growth TrustScottish MortgageWizz Air
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