Results news boosts FTSE

clock

The FTSE 100 is up 55.7 points, or 0.89%, to 6,312.5, as positive results news and significant gains on Wall Street last night boosted opening deals.

Retailer Next is posting the biggest gains with a rise of 5.2% to £22.05, following a ‘solid’ set of results, while miner Antofagasta is up 4.36% to 520.5p, and Barclays advanced 2.39% to 729.5p. Royal Bank of Scotland has gained 2.37% to £20.77, closely followed by property company Hammerson which has added 2.36% to £17.75, although gains are being limited by WPP group which has slipped 0.25% to 783.5p. Astrazeneca is the biggest loser with a fall of 0.85% to £28.12, while Alliance Boots has dropped 0.59% to £10.19, BSkyB has slipped 0.44% to 565.5p, and Imperial Tobacco has declined 0...

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