Pest-fighter and miner push FTSE further up

Professional Adviser
clock

UK stocks rose this morning paced by giants such as Rentokil, the world's largest pest-control compa...

UK stocks rose this morning paced by giants such as Rentokil, the world's largest pest-control company, and BHB Billiton, which is the world's biggest miner. The benchmark FTSE 100 is currently up 12.90 points to 4,219.30. Rentokil jumped 8.75p to 208.25p after it announced that first-half profit rose. BHP Billiton climbed 3.25p after the company said it made a sixfold gain in fourth-quarter profit. In Asia, Tokyo's Nikkei 225 index dropped 83.77 points to 10,225.22 earlier today, while Hong Kong's Hang Seng gained 42.55 points to 10,721.10. On Wall Stre...

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 •