FTSE falls a fraction

clock

The FTSE 100 index has declined 8.6 points to 4986.3 points at its close, led by Yell.

The UK search engine shed 10.5p to 407p, along with ITV, down 2.75p to 115.5p, after reports suggest it might be heading towards conflict with the Contract Rights Renewal (CRR) process. Reuters has also shed 7.75p to 384.25p. Metal firm Corus, meanwhile leads the climbers, advancing 45p, while mobile group O2, has picked up 2.75p to 129.25p, despite its warning of increased competition from Vodafone. In the US, the Dow Jones has also lost about 8 points in its morning session, led by Hewlett-Packard. The computer firm has lost $0.24 to $ 22.76, while Eastman Kodak has picked up $0.2...

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

FIF25: House of Lords member calls for stronger international economic cooperation

FIF25: House of Lords member calls for stronger international economic cooperation

Economics often a driver of geopolitical instability

Sorin Dojan
clock 04 June 2025 • 2 min read
Woodford sets date for portfolio platform launch

Woodford sets date for portfolio platform launch

W4.0 will launch on Friday 6 June

Cristian Angeloni
clock 03 June 2025 • 1 min read
FCA seeks feedback on stablecoin and crypto policy proposals

FCA seeks feedback on stablecoin and crypto policy proposals

Feedback deadline set at 31 July

Patrick Brusnahan
clock 29 May 2025 • 1 min read