FTSE rises on interest rate statements

clock

The FTSE 100 index is up about 9 points to 4,405 after strong overnight gains in the US linked to Federal Reserve statements about maintaining existing record low interest rates.

Rolls Royce shares rose 14.75p to 200p after the company reported a doubling of second half profit. BAE Systems is up 9.25p to 175.25p after reports the UK and French governments may share the costs of new aircraft carriers ordered by the UK’s Ministry of Defence. Unilever is up 19p to 552p after chairman Niall FitzGerald confirmed he would step down by September after nearly four decades at the company. Vodafone is up 3p to 134.75p after some investors started buying into its plans to acquire AT&T Wireless in the US for about $30bn. Barclays reported a 20% rise in profits for l...

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

SEI to launch two LTAFs in private markets 'expansion'

SEI to launch two LTAFs in private markets 'expansion'

‘Mansion House ambition’

Cristian Angeloni
clock 03 July 2026 • 1 min read
Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read
Fahad Hassan: Progress on many fronts

Fahad Hassan: Progress on many fronts

'Financial markets are increasingly pricing in a more benign inflation environment ahead'

Fahad Hassan
clock 01 July 2026 • 5 min read