Global stocks continue to rise as war commence its second day

Professional Adviser
clock

UK stocks rose as shares of both Smith & Nephew and Invensys advanced again this morning. S...

UK stocks rose as shares of both Smith & Nephew and Invensys advanced again this morning. Smith & Nephew shares jumped after yesterday's decision to buy Centrepulse AG for £1.7bn, and the shares advanced from 8p or 2.2% to 376p. Invensys, also a poor performer this year, gained 1p or 7.6% to 14.25p. The benchmark FTSE 100 Index rose by 1.3%, or 48p, to 3813.7 while the FTSE All-Share Index advanced 18.91p or 1.1%, to 1823.15p. In Asia, stocks advanced this week after the US began an attack on Iraq and the largest gains could be seen in shares of Asia's largest compani...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •