FTSE recovers from anxious morning

clock

In London, markets recovered from an earlier downturn and the FTSE 100 closed up 61.6 points, or 0.98%, to 6,376.8.

Royal Dutch Shell ‘A’ and ‘B’ were both up with ‘A’ rising 58 points, or 3.02%, to £19.79 and ‘B’ gaining 56 points, or 2.9%, to £19.85. Home Retail shares added 11 points, or 2.63%, to 429.5p, Kazakhmys shares jumped 34 points, or 2.62%, to £13.33 and BG Group gained 19 points, or 2.43%, to 800.5p. Northern Rock shares slid 9 points, or 1.21%, to 732p, Liberty International dropped 14 points, or 1.17%, to £11.83 and Shire shares lost 15 points, or 1.15%, to £12.95. On Wall Street, markets opened with a slight increase after the long weekend, with the Dow Jones up 38.85 points, or 0.29%,...

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