Market round-up: FTSE 100 bounces back as Royal Mail performs well

The FTSE 100 made a drastic turnaround in the afternoon of 30 April after spending most of the day in the negative. It bounced back to end the day some 14.35 points higher than the previous day, finishing on 6,960.63.

Royal Mail was the strongest performer on the day with share value going up by more than 5% after its rival Post NL decided to scrap its Whistl expansion.

However, investors have seemingly not regained their confidence after the US posted poor economic results on 29 April.

British Gas owner Centrica, ITV and the Royal Bank of Scotland were just some of the major firms which experienced dips in share value on the FTSE 100.

FTSE 100 biggest risers

Royal Mail +23.50 (+5.29%) 467.70
Sports Direct International +14.50 (+2.40) 619.00
Weir Group +44.00 (+2.40) 1,880.00
Associated British Foods +66.00 (+2.36%) 2,857.00
Capita PLC +25.00 (+2.23%) 1,144.00

FTSE 100 biggest fallers

Centrica -12.20 (-4.56%) 255.40
ITV -9.90 (-3.76%) 253.60
Royal Bank of Scotland -11.00 (-3.15%) 338.50
Anglo American -33.50 (-2.94%) 1,105.00
Fresnillo PLC -19.50 (-2.64%) 719.50