London’s FTSE 100 was down 0.2% at 6,707.96 in afternoon trade on Tuesday.
Standard Life Aberdeen slumped after the asset manager declared a dividend but reported lower annual profits and revenues.
Miners were also under the cosh as metals prices fell, with Anglo, Rio, Glencore, BHP and Antofagasta all lower.
Cyber security firm Avast surged to the top of the index after agreeing to sell its Family Safety Mobile Business to Smith Micro Software for $66m. The deal, which is expected to close mid-April, includes Avast’s portfolio of mobile parental controls services including location features, content filtering and screen time management.
Jefferies, which rates the shares at ‘buy’, said: “Avast’s divestiture of the family safety business is likely a positive for Avast, as it is divesting a historically challenged business.”
M&G was also a high riser after the investment manager’s full-year operating profit came in ahead of consensus expectations.
FTSE 100 – Risers
Avast (AVST) 441.40p 5.10%
M&G (MNG) 214.60p 4.63%
Kingfisher (KGF) 286.90p 4.59%
Fresnillo (FRES) 938.20p 4.22%
Scottish Mortgage Inv Trust (SMT) 1,094.00p 3.60%
Bunzl (BNZL) 2,226.00p 3.53%
Intertek Group (ITRK) 5,442.00p 3.34%
Polymetal International (POLY) 1,492.50p 3.22%
United Utilities Group (UU.) 908.40p 3.16%
Ashtead Group (AHT) 4,163.00p 3.15%
FTSE 100 – Fallers
Standard Life Aberdeen (SLA) 290.10p -9.06%
Anglo American (AAL) 2,854.00p -5.45%
Rio Tinto (RIO) 5,754.00p -4.74%
Evraz (EVR) 574.60p -4.20%
Glencore (GLEN) 280.45p -4.00%
BHP Group (BHP) 2,178.50p -3.39%
Barclays (BARC) 171.94p -3.36%
Antofagasta (ANTO) 1,713.00p -2.84%
Rolls-Royce Holdings (RR.) 113.60p -2.49%
WPP (WPP) 900.00p -2.41%