Prudential rose strongly after broker Sanford C. Bernstein reiterated its 'outperform' rating on the stock, which came one day after Societe Generale restated its 'buy' rating on the life insurance and financial services company.
Fellow financial Aberdeen Asset Management and Hargreaves Lansdown were also strong risers, with the latter up ahead of its interim results tomorrow. The company is expected to report a 17% year-on-year rise in revenues to £164.5m, according to Charles Stanley.
BG Group was higher after increasing fourth-quarter revenue and other operating income by 16% as it partly offset declines in Egypt and lower activity in the US by new developments coming onstream.
After earlier losses, oil major BP was modestly higher despite reporting a weaker bottom line for the fourth quarter, leading to a steep drop in underlying profits for 2013. The company also warned that underlying production in 2014 would be below last year´s level.
Meanwhile, chip designer ARM Holdings dropped sharply after its fourth-quarter results showed that Processor Division royalties came in below forecasts once again. Strong licensing revenues, however, helped top-line figures come in ahead of expectations.
Precious metal groups Randgold and Fresnillo were both lower as they tracked the prices of gold and silver into the red.
Vodafone continued its decline ahead of the release of the telecommunication giant's results on Thursday, when it is expected to post a 5% decline in revenue for the three months to the end of December.
It was also hit by comments from Credit Suisse, which said that the chance of AT&T making a bid for the UK telecoms firm is "slipping" and a takeover is becoming an "increasingly risky move" for the US company. It now assumes a one-in-three probability that the company will make an offer, down from 50/50 previously.
FTSE 100 - Risers
Prudential (PRU) 1,248.00p +3.65%
Aberdeen Asset Management (ADN) 389.30p +3.34%
Hargreaves Lansdown (HL.) 1,494.00p +3.11%
Tate & Lyle (TATE) 775.00p +2.72%
Associated British Foods (ABF) 2,758.00p +2.68%
BG Group (BG.) 1,051.00p +2.54%
Anglo American (AAL) 1,431.00p +2.43%
Burberry Group (BRBY) 1,433.00p +1.85%
Sainsbury (J) (SBRY) 351.20p +1.65%
easyJet (EZJ) 1,657.00p +1.35%
FTSE 100 - Fallers
ARM Holdings (ARM) 849.50p -8.66%
Randgold Resources Ltd. (RRS) 4,338.00p -2.63%
Fresnillo (FRES) 767.00p -1.92%
Admiral Group (ADM) 1,409.00p -1.88%
Meggitt (MGGT) 503.50p -1.85%
BAE Systems (BA.) 416.80p -1.65%
Melrose Industries (MRO) 298.00p -1.55%
RSA Insurance Group (RSA) 95.00p -1.30%
Vodafone Group (VOD) 219.35p -1.24%
Royal Mail (RMG) 587.00p -1.18%