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 p...

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

Rathbones brings together responsible investment in Centre of Excellence

Rathbones brings together responsible investment in Centre of Excellence

Combines ethical and sustainable research capabilities

Patrick Brusnahan
clock 29 May 2026 • 1 min read
Why active management matters more for income investors

Why active management matters more for income investors

Significant implications for advisers and investors relying on passive income strategies

Rory Sandilands
clock 29 May 2026 • 4 min read
Can the energy crisis power renewables past their headwinds?

Can the energy crisis power renewables past their headwinds?

Renewables continue to see headwinds

Ian Aylward
clock 28 May 2026 • 3 min read