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FTSE 100 Index

Last Updated at 28 Aug 2014, 09:30 ET *Chart shows local time FTSE 100 intraday chart
value change %
6809.30 -

Top winner and loser


1428.00 p +

Rio Tinto

3214.00 p -
value change %

FTSE 250 Index

15902.44 -

FTSE 350 Index

3700.71 -

FTSE All Share Index

3635.52 -

FTSE Techmark Index

3335.31 -

(Noon): Paddy Power shares fell 1% after the bookmaker reported a 13% fall in half-year pre-tax profits to £62m.

Along with other bookmakers, the firm was hit by "punter friendly" outcomes in football and horse racing, which Paddy Power said "proved costlier than John Cleese's divorce payments".

However, the firm said it had a better World Cup, taking bets worth 198m euros during the tournament.

On the wider market, the FTSE 100 was down 32.05 points at 6,798.61.

Mining shares pulled the index lower, with shares in Rio Tinto down 3.6% and Anglo American 2.7% lower.

Top riser in the FTSE 100 was Morrisons, climbing 1.5% after Deutsche Bank raised its rating on the stock to "hold" from "sell".

There were some big moves in the FTSE 250, where shares in industrial inkjet company Xaar plunged 25% after it cut its forecast for annual revenues.

Xaar now expects revenues for the year to be between £115m and £125m, compared with an earlier forecast of £130m.

Ocado shares were down 13% after equities broker Redburn cuts its rating on the online grocer to "sell" from "buy" and halved its price target for the shares.

But shares in chipmaker CSR jumped 31% after the firm said it had rejected a bid approach from Microchip Technology.

On the currency markets, the pound rose 0.04% against the dollar to $1.6582 and was 0.2% higher against the euro at 1.2586 euros.

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