FTSE strong on wings of BA

clock

In London, the FTSE 100 was up 49.7, or 0.8%, to 6300.3 after British Airways defied yesterday's massive fine.

BA made big gains despite a scandal over price fixing, up 17.5 points, or 4.53%, to 403.75p. Unilever shares were up 64p, or 4.26%, to £15.68 and Vodafone shares added 6.2 points, or 4.12%, to 156.6p. Marks & Spencer shares gained 21 points, or 3.42%, to 635.5p and Prudential was up 22 points, or 3.24%, to 700p by the end of trading. Mitchells saw the biggest losses and shares were down 35 points, or 4.68%, to 713p. Whitbread shares fell by 65 points, or 3.93%, to £15.88 and Rio Tinto followed, down 110 points, or 3.19%, to £33.35. In New York, the Dow Jones seems to be showing early s...

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 Economics / Markets

'Discussion-worthy stuff': Chinese assets under pressure

'Discussion-worthy stuff': Chinese assets under pressure

China has an 18% share of global GDP and only a 3% MSCI ACWI weighting

Chris Justham
clock 02 April 2024 • 2 min read
Why investors 'can't outrun' slow-moving demographics

Why investors 'can't outrun' slow-moving demographics

'Demographic change is a key megatrend'

Darius McDermott
clock 07 March 2024 • 5 min read
Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

British ISA, Office for Budget Responsibility, tax cuts

Valeria Martinez
clock 07 March 2024 • 4 min read