FTSE 100 regains yesterday's last minute loss

Professional Adviser
clock

After a sharp fall in the final minute of trading yesterday afternoon the FTSE 100 bounced back t...

After a sharp fall in the final minute of trading yesterday afternoon the FTSE 100 bounced back this morning with gains for Dimension Data, HSBC, BP and Vodafone. That said, one single order to sell blue chip shares this morning also wiped 2.3% from the Footsie. The Footsie is 2.4% up this morning at 5829.1 with Dimension Data climbing 18.75p to 309p after announcing pre-tax profit rose to $159.6m equal to 8.4 cents per share from $95.1m or 6.5 cents a year ago. Anglo-Dutch computer group CMG increased 14p to 380p as the Techmark rose 19.09 points to 1981.24. HSBC added 30p to 869...

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 •