Property stocks knock FTSE lower

clock •

The FTSE 100 is down 17.3 points, or 0.27%, to 6,396, in early trading as property companies continue to weigh on the index.

Brewing giant SABMiller is limiting losses with a rise of 1.79% to £11.39, following a strong trading update, while British Airways is up 1.39% to 510.5p, and HBOS has added 0.85% to £10.65. Miner Kazakhmys is also up 0.68% to £11.82, while Vodafone has advanced 0.65% to 139.4p, although Scottish & Newcastle is dragging the index lower with a fall of 2.51% to 583.5p, and Man Group has dropped 2.14% to 547.5p. However property groups are posting the biggest losses with Land Securities Group falling 2.53% to £21.23, closely followed by British Land is down 2.29% to £15.35, and Liberty I...

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 Economics / Markets

Fahad Hassan: When good news becomes an inflation problem

Fahad Hassan: When good news becomes an inflation problem

'Markets have been adjusting to the risks through valuations all year'

Fahad Hassan
clock 29 September 2026 • 6 min read
Healey promises 'new age of industrialisation' ahead of Budget

Healey promises 'new age of industrialisation' ahead of Budget

Keeps quiet on personal taxation, pensions or savings at Labour’s conference

Isabel Baxter
clock 28 September 2026 • 2 min read
MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

Treasury Committee report

Jack Roach
clock 23 September 2026 • 2 min read