The FTSE 100 has ended the day up 33.2 points, or 0.52%, to 6,434.7, as the index just fell short of a new six-year high following a series of positive results.
Associated British Foods remained at the top of the leaderboard with gains of 4.64% to 845p, closely followed by Persimmon which added 3.44% to £14.73, while Old Mutual climbed 3.31% to 187.5p as all three companies produced positive results. Intercontinental Hotels also ended up 2.2% to £12.52, while Scottish & Southern Energy added 2.02% to 315.18, although property companies dragged on the index with British Land falling 1.3% to £15.94. However, power group Drax was the biggest faller with a drop of 2.3% to 722.5p, closely followed by insurer Resolution which slipped 1.74% to 648.5p, w...
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