The FTSE 100 finished Monday 47 points higher to 5338 despite slipping back from stronger early...
The FTSE 100 finished Monday 47 points higher to 5338 despite slipping back from stronger early morning gains. Fund manager Schroder finished on top of a 60 strong pile of FTSE 100 gainers. The group climbed 88p to 884.5p. Press speculation pushed shares in Standard Chartered up 64p to 864p. The weekend press reported that Barclays, Lloyds TSB and Citigroup are all interested in bidding for the group. Banking shares had a reasonable day, with Lloyds up 16.5p to 742.5p after it said it limited cost growth in its first half. HSBC added 15p to 844.5p and Royal Bank of Scotlan...
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