BOC takes FTSE higher

clock

FTSE 100 index is up 26.8 points, or 0.5%, at 5,660.4 this morning, recovering all of Tuesday's loss.

BOC is leading the gain after German rival Linde confirmed it is offering 15 pounds a share for the company - £7.6bn. BOC has risen 4.95% to 1,463p after a jump of more than 20% on Tuesday. Gains in the mining sector also lent support, helped by buoyant metals prices and signs China's booming economy is growing faster than expected. Shares in BHP Billiton have risen 1.85% to 1,018.50p, while Antofagasta has gained 2.40% to 1,961p and Rio Tinto has added 1.41% to 2,884p. Mortgage lenders are largely higher after Northern Rock kicked off the banking reporting season, saying profits h...

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

Gabriel Sacks: Confronting concentration risk in Asia

Gabriel Sacks: Confronting concentration risk in Asia

'Asia's smaller companies merit much more attention than they routinely receive'

Gabriel Sacks
clock 10 September 2026 • 4 min read
UK fund flows drop 92% in July amid volatility and geopolitical friction

UK fund flows drop 92% in July amid volatility and geopolitical friction

IA data shows

Cristian Angeloni
clock 04 September 2026 • 2 min read
Index providers: The importance of being earnest

Index providers: The importance of being earnest

Not all indices are created in the same way

Colin Leggett
clock 27 August 2026 • 7 min read