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WINNERS & LOSERS: Oil majors rise; Mondi shares sink as profit falls

24th Apr 2026 10:51

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

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FTSE 100 winners

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British American Tobacco PLC, up 3.0% at 4,330.00 pence, Morgan Stanley raises to 'overweight' from 'underweight'

J Sainsbury PLC, up 1.9% at 346.40p, starts GBP300 million share buyback

Shell PLC, up 1.3% at 3,337.75p, tracks Brent higher amid Middle East uncertainty

BP PLC, up 1.2% at 577.30p, climbs with oil

BT Group PLC, up 1.1% at 222.73p

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FTSE 100 losers

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Mondi PLC, down 8.6% at 769.60p, first-quarter profit falls

JD Sports Fashion PLC, down 3.6% at 69.49p, FT reports chair left after trying to oust CEO

Entain PLC, down 3.3% at 572.30p, BofA cuts to 'neutral' from 'buy'

Convatec Group PLC, down 3.3% at 217.20p

Antofagasta PLC, down 3.0% at 3,716.50p

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FTSE 250 winners

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Computacenter PLC, up 8.7% at 3,631.00p, raises outlook as first quarter beats expectations

Ceres Power Holdings PLC, up 3.9% at 489.00p

Harbour Energy PLC, up 2.8% at 296.10p, tracks oil higher

Ithaca Energy PLC, up 1.7% at 270.80p

Man Group PLC, up 1.2% at 248.50p, bounces back after falling 7.3% on Thursday

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FTSE 250 losers

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SSP Group PLC, down 4.7% at 173.25p

Wizz Air Holdings PLC, down 4.5% at 864.00p, falls as oil prices continues to rise

PageGroup PLC, down 4.0% at 128.05p

Ibstock PLC, down 3.9% at 102.30p

Genuit Group PLC, down 3.8% at 280.10p

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FTSE 100 & 250 movers in focus:

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British American Tobacco PLC, up 3.0% at 4,330.00 pence, 12-month range 3,013.00p-4,673.00p. Morgan Stanley raises the London-based cigarette and nicotine product maker to 'overweight' from 'underweight'. The stock is also a defensive stock which benefits from wider uncertainty.

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Shell PLC, up 1.3% at 3,337.75p, 12-month range 2,373.00p-3,592.00p. Oil majors rise as the price of Brent increases amid ongoing uncertainty in the Middle East. Brent oil was trading higher at USD107.04 a barrel on Friday morning from USD103.25 on Thursday. US President Donald Trump says he has "all the time in the world" despite fears about the impact of the closure of the Strait of Hormuz.

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Mondi PLC, down 8.6% at 769.60p, 12-month range 767.00p-1,250.50p. The Weybridge, England-based packaging firm reports that underlying earnings before interest, taxes, depreciation and amortisation, including forestry fair value, fall 27% to EUR212 million for the first quarter to the end of March, from EUR290 million a year earlier. Describing first-quarter market conditions as challenging, Mondi notes that lower average selling prices and higher energy-related input costs towards the end of the first quarter offset stronger sales volumes. "Against a backdrop of challenging market conditions, sales volumes increased, although lower selling prices and latterly, cost pressures linked to escalating geopolitical tensions, weighed on underlying Ebitda," Mondi Chief Executive Officer Andrew King says.

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JD Sports Fashion PLC, down 3.6% at 69.49p, 12-month range 65.50p-106.18p. The Financial Times reports that Andrew Higginson quit as chair after pushing for chief executive Regis Schultz to be ousted and failing to win unanimous backing for the move. According to FT sources, Higginson made representations to members of the board that Schultz should be replaced as JD boss after a three-and-a-half-year tenure amid slowing sales. While some directors agreed with Higginson, it was not a unanimously held view, the sources told the FT. A JD Group spokesperson tells Alliance News: "It was mutually agreed between Andy and the board that this is the right time for a change of chair; there has been no disagreement about the board’s continued support for the CEO. The board is grateful for the valuable role that Andy has played during his tenure at the business."

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Computacenter PLC, up 8.7% at 3,631.00p, 12-month range 2,092.00p-3,672.00p. Raises its outlook for the full year after a "strong" performance in the first quarter. The Hatfield, England-based technology services provider says trading in the three months to March 31 was "significantly ahead" of the prior year, and "well above" its own expectations. Looking ahead, the company says it now expects to deliver "much stronger performance in the first half of the year than previously anticipated", and guided a full-year performance "comfortably ahead of market expectations".

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By Michael Hennessey, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


Related Shares:

British American TobaccoSainsbury'sShellBPBTMondiJD SportsEntainConvaTecAntofagastaComputacenterCeres PowerHarbour EnergyIthaca EnergyManSSP GroupWizz AirPageGroupIbstockGenuit Group
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