Carnival ships FTSE higher

clock

The FTSE 100 has ended the day slightly higher with a rise of 8.1 points, or 0.13%, to 6,319, as the banking sector benefited from positive broker comment.

Northern Rock ended the session 2.52% higher to £12.22, closely followed by Barclays which climbed 1.94% to 760.5p, while Royal Bank of Scotland Group added 1.87% to £20.74. However cruise operator Carnival posted the biggest gains with a rise of 2.52% to £26.81, despite announcing it is to buy a new 116,000-ton ship worth around €535m, while insurer Prudential climbed 1.9% to 724.5p. However miners continued their slump with Xstrata ending as the biggest drag on the index with a fall of 5.92% to 324.17, closely followed by Vedanta Resources which slipped 5.85% to £11.58, while Antofaga...

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 Investment

Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read