FTSE is dealt a good hand from PartyGaming.com

clock

The FTSE 100 ended on a high for the third day after it rose 27 points, or 0.51%, to 5344.3, after strong performances from PartyGaming.com and Royal & Sun Alliance Insurance Group.

PartyGaming.com, the world's largest online poker operator, advanced 6.25p, or 7.2%, to 93.5p, while Royal & Sun, the UK's No. 2 property and casualty insurer, gained 4.25p, or 4.4% to 100.5p, the highest since March 2004. Meanwhile BAA, the world's largest airfield operator, declined 7p, or 1.1%, to 606.5p after the company said first-half earnings fell to £257m from £418m a year earlier after gains on investment property fell under new accounting rules. TTP Communications, whose wireless software powers the Blackberry handheld e-mailer, also slid 4.5p, or 15%, to 25.5p, for their bigg...

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

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read