FTSE slips in quiet trading

Professional Adviser
clock

Trading is likely to be quiet today with little news expected on the corporate front and traders win...

Trading is likely to be quiet today with little news expected on the corporate front and traders winding down activity ahead of the Easter holiday. The FTSE 100 slipped in value but losses or potential gains are expected to be modest. The US's Nasdaq enjoyed another decent day's trade yesterday boosting confidence in UK technology stocks. At morning trade the FTSE 100 slipped 33.8 points to 5754.3. Telecoms and predominantly old economy stocks led the index lower. Heavyweight Vodafone slipped 3p to 216p as did EMI, tumbling for a second day, down 22p to 440p. Speculation mounts ...

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 •