Profit rise for Woolworths lifts FTSE

clock •

The benchmark FTSE 100 is currently up about 12 points at 4,330 after UK stocks started on a positive note.

Woolworths rose 2p to 42.5p. The discount retailer's second-half earnings increased 29% to £70.3m. Barratt gained 19.5p to 612.5p. The homebuilder reported that fiscal first-half net income rose 35% from a year earlier to £101.9m as demand for new homes lifted prices. Lloyds TSB Group added 2p to 411.75p after an analyst at HSBC lifted the stock to "add" from "reduce". Legal & General Group advanced 2.25p to 95.5p. In Asia, Tokyo's Nikkei 225 index gained 83.9 points to 11,364.99 earlier today, and Hong Kong's Hang Seng index rose 89.77 points to 12,678.13. In the US, tradi...

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

Budget 26: Stamp Duty on shares to be swapped for Securities Transfer Tax

Budget 26: Stamp Duty on shares to be swapped for Securities Transfer Tax

By late 2027

Patrick Brusnahan
clock 28 October 2026 • 1 min read
Investment tax relief rises by smallest amount in four years amid recent Budget measures

Investment tax relief rises by smallest amount in four years amid recent Budget measures

Bowmore Financial Planning research

Jack Roach
clock 28 October 2026 • 2 min read
Defaqto to launch rating for newer funds and portfolios

Defaqto to launch rating for newer funds and portfolios

Combines Defaqto and RSMR expertise

Jen Frost
clock 27 October 2026 • 2 min read