FTSE loses ground again, under 4100

Professional Adviser
clock

Unilever and Lloyds TSB would normally act as the darlings of trading in the UK, given their size of...

Unilever and Lloyds TSB would normally act as the darlings of trading in the UK, given their size of the firm and their profit potential. But analysts today moved in the other direction, pushing stocks down towards the 4,000 mark again. The FTSE 100 fell 27 points or 0.7% to 4060.9 but commentators are not getting too worried that markets may be heading in the wrong direction again, because the FTSE has climbed so well since its last major fall in March. Unilever, the drugs, soaps and food manufacturer, is not expected to do as well as its rivals this year, according to JP Morgan,...

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 uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •