FTSE in the dumps over German election result

clock •

In the UK, the FTSE 100 index of leading shares has begun trading 1.6 points lower at 5,406.30 on the back of an indecisive German election result.

Takeover target Scottish Power has fallen 0.9% following reports British industry may scupper a bid from German firm E.ON. Telecoms firm Vodafone has also fallen 0.7% ahead of its investor day. The firm says its number of third-generation mobile phones rose to 4.35m in August a rise of about 1m since July. Unilever has gained 1.8% following reports the consumer goods firm is poised to scrap its dual stock market listing. In the US, stock-index futures fell on Friday as rising crude oil prices raised corporate concern. The Dow Jones Industrial Average lost 20 points to 10653 at its c...

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

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Around 160 roles vacated

clock 23 September 2026 • 1 min read
Nine SJP funds flagged for underperformance in AoV despite improvements on last year

Nine SJP funds flagged for underperformance in AoV despite improvements on last year

89% of assets given green light

Alex Sebastian
clock 22 September 2026 • 2 min read
The human advantage in an AI-powered asset management industry

The human advantage in an AI-powered asset management industry

'AI should be used to enhance, not replace, human engagement'

Apiramy Jeyarajah
clock 22 September 2026 • 5 min read