FTSE fights its way back above 4,000

Professional Adviser
clock

The benchmark FTSE 100 is currently up 45.10 points fighting its way back above the 4,000 mark at 4,...

The benchmark FTSE 100 is currently up 45.10 points fighting its way back above the 4,000 mark at 4,009 after UK stocks opened Wednesday morning on a positive note. Pacing the FTSE is Sage Group that advanced 7.25p to 165p and Royal & SunAlliance, that also rose 4.25p to 137.75p. Chelsea Village climbed 19p to 38p. This comes after the company announced that Russian billionaire Roman Abramovich is buying London soccer club Chelsea for £59.3m. Computacenter gained 15p to 370p after the company said first-half results were probably higher than had been expected as servi...

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 •