Tate & Lyle fails to sour FTSE

clock

The FTSE 100 has ended the day up 9.8 points, or 0.15%, to 6,616.4, although Tate & Lyle limited any substantial gains.

Vodafone was the biggest winner with a rise of 3.67% to 149.9p, ahead of next week’s final results despite the news ‘roaming’ charges will be capped in the EU, while BT Group advanced 2.75% to 326.5p. Power company Drax added 3.14% to 820.5p, closely followed by Kelda Group which added 2.98% to £10.01, while Rexam climbed 2.88% to 535p, although Next limited gains with a fall of 1.87% to £22.57. Tate & Lyle was the biggest loser with a fall of 6.2% to 605p, following cautious comments about its trading situation, while GlaxoSmithKline slipped 1.97% to £13.44, Bradford & Bingley fell 1.7...

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