Tate & Lyle keeps FTSE steady

clock

The FTSE 100 is slightly up in early trading with a rise of 8.9 points, or 0.14%, to 6,191.4, as a lack of company news is keeping investors on the sidelines.

Tate & Lyle is posting the biggest gains so far with a rise of 3.11% to 796p, following yesterdays upgrade by Morgan Stanley, closely followed by Kingfisher which has climbed 1.92% to 265p. Mining firm Xstrata is also off to a good start with a rise of 1.63% to £22.48, closely followed by Standard Chartered bank which is up 1.51% to £14.76, while Sainsbury has also slipped 1.51% to 402.75p. British Sky Broadcasting is currently the biggest drag on the index with a drop of 1.17% to 549.5p, closely followed by Royal Bank of Scotland Group which is down 0.8% to £18.58. Insurance companie...

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