FTSE finishes week well

clock •

In the UK the FTSE 100 index of leading shares rose to seal a small weekly gain on Friday closing up 18.5 points at 5,359.30, with hedge fund manager Man Group taking the lead among blue-chips after two broker upgrades, while publisher Emap rose after an upbeat analyst meeting.

Executives from the media group met with Morgan Stanley and made upbeat comments on its UK magazine and radio operations, the bank said. Emap shares rose 2%. Friends Provident was another top mover, up 1.6% as investors anticipated a jump in profits from the insurer when it reports interim results next week. Despite some strong gainers, over a third of the market ended lower, including a 1.7% fall for gas and electricity provider Centrica after it said full-year earnings would be hit by volatile energy prices and announced price hikes for customers. Takeover chatter was behind a 0.7% ...

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

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Around 160 roles vacated

clock 23 September 2026 • 1 min read
Nine SJP funds flagged for underperformance in AoV despite improvements on last year

Nine SJP funds flagged for underperformance in AoV despite improvements on last year

89% of assets given green light

Alex Sebastian
clock 22 September 2026 • 2 min read
The human advantage in an AI-powered asset management industry

The human advantage in an AI-powered asset management industry

'AI should be used to enhance, not replace, human engagement'

Apiramy Jeyarajah
clock 22 September 2026 • 5 min read