Slow start to FTSE week

clock

The FTSE failed to lift itself out of the red today, losing 5.60 points to 5,072 points, paced by Imperial Chemical Industries

The British Chemicals specialist slipped 7.50p to 266.50p, on the back of rising crude oil prices, along with British Airways, losing 4.50p to 273p, due to similar reasons. Publishing firm Reed Elsevier also slipped 9.50p to 534p. Its US subsidiary, Reed Elsevier Capital recently completed a $700m two-tranche global bond offering. Shire Pharmaceuticals Group meanwhile, has climbed as much as 32p or 5.4% to 627.50p, after biotechnology group Transkaryotic announced successful phase III clinical trials in treating genetic disorder, Hunter Syndrome. Shire is marked to acquire Transkaryotic...

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

Infrastructure: A good investment gone bad – and then good again?

Infrastructure: A good investment gone bad – and then good again?

'Infrastructure - a victim of a unique set of circumstances'

Darius McDermott
clock 02 May 2024 • 5 min read
Investment opportunities 'differ by client age group'

Investment opportunities 'differ by client age group'

‘Advisers should consider personal circumstances when it comes to investment’

Isabel Baxter
clock 02 May 2024 • 1 min read
Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 02 May 2024 • 2 min read