FTSE ends flat on little inspiration

clock

The FTSE 100 index failed to make any headway in trading today and closed almost flat at its starting point, as a result of further selling in online poker group PartyGaming.

Having started the day flat, the FTSE 100 index rose just 5.7 points or 0.1% to 5,507 by close of business in London, as PartyGaming fell another 7.5p or 5.54% to 128p on the back of analysts ratings cuts. Vodafone also dropped 3.5p or 2.73% to 124.75p but money market firm Schroders reversed the trend and rose 14.5p or 1.66% to 885.5p while Barclays gained 12p or 2.19% to 559.5p. In the US, trading is not faring much better on the back of a small shift in the oil price. The Dow Jones index is currently up just 10.5 points or 0.1% to 10.788.25 while the S&P 500 index has earned 1.55 poin...

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

AIM at 30: Why advisers should take a fresh look at the UK's junior market

AIM at 30: Why advisers should take a fresh look at the UK's junior market

'We see AIM as a jewel in the crown with long-term appeal for the right clients'

Oliver Brown
clock 17 June 2025 • 4 min read
Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read
Four key questions to guide informed investment decisions

Four key questions to guide informed investment decisions

Does the story make sense?

Gabriel Sacks
clock 12 June 2025 • 4 min read