Traders in London

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Shares in British Fuel proprietor Centrica rose four% in early commerce following a report that it could possibly be a bid goal.

A report on the Wall Avenue Wires web site stated there was speak that the corporate had attracted the curiosity of a few potential patrons.

Centrica was the most important riser on the FTSE 100, though the index itself was down 21.37 factors at 7,316.91.

Shares in Easyjet rose three.9% after Credit score Suisse raised its ranking on the airline to “outperform” from “impartial”.

Within the FTSE 250, shares in homewares retailer Dunelm rose three.1% after it reported sturdy fourth quarter buying and selling.

Whole revenues for the 13 weeks to 1 July rose 17.7% to £340m, helped by the corporate’s takeover of dwelling enchancment merchandise retailer Worldstores. Like-for-like gross sales within the quarter have been up three.eight%.

Nevertheless, Dunelm stated it anticipated full-year pre-tax earnings to be between £109m and £111m, down from £128.9m final yr.

On the foreign money markets, the pound dipped zero.1% towards the greenback to $1.2954 and was additionally zero.1% decrease towards the euro at 1.1342 euros.