FTSE unchanged on Deutsche Bourse news

clock

Top UK shares barely moved the FTSE 100 index this morning, as it dropped less than a point to 5,034, as shares in the London Stock Exchange dropped on news a bid from German rival Deutsche Bourse has been dropped.

LSE shares are down 50p to 489p, as analysts cut their ratings and stock exchange provider Euronext pondered its next move in also bidding for the UK market. BAE Systems is down 6p to 244p after announcing the acquisition of US company United Defense Industries, which makes artillery systems, naval guns and battlefield vehicles. BAE says the buy will give it exposure to US army spending, which is set to gain this year. GlaxoSmithKline has opened down 17p to 1,272p after Friday’s announcement two of its biggest sellers in the US are being withdrawn because of regulator concerns over ma...

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