Reed leads way on FTSE Thursday

clock

The FTSE 100 has opened strongly this morning as it looks to correct Wednesday's losses, currently 52 points up (0.88%) to 5945.60.

Reed Elsevier leads the gains after the publisher agreed to buy insurance data company ChoicePoint for £2.1bn. Reed is currently 3.85% to 606.50. Miners again have opened well with Vedanta 3.52% ahead to 2296 and Antofagasta 2.78% up to 851.50. BHP Billiton is also among the climbers. Alliance & Leicester is again leading the losses after it scrapped its profit target yesterday, currently down 3.66% to 474. News it ended secret talks with rival brewer SABMiller is sending Scottish & Newcastle lower, it’s down 2.41% to 788. In New York, Hewlett Packard enjoyed a stunning day at the offic...

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

Bank of England meets expectations and cuts rates to 4%

Bank of England meets expectations and cuts rates to 4%

Lowest level in two and a half years

Isabel Baxter
clock 07 August 2025 • 4 min read
Think tank warns UK fiscal hole could surpass £50bn by 2030

Think tank warns UK fiscal hole could surpass £50bn by 2030

Government not on track to meet ‘stability rule’

Sorin Dojan
clock 06 August 2025 • 1 min read
Chancellor Khalaf has a plan to make our economy boom

Chancellor Khalaf has a plan to make our economy boom

'So, Sir Keir, if you're reading, I do genuinely hope Rachel is doing okay. And my number's still the same. So, you know, call me'

Laith Khalaf
clock 25 July 2025 • 5 min read