Sugar rush not enough to boost FTSE

clock

The FTSE 100 is down 27 points, or 0.46%, to 5,870.9, this morning as energy shares continued their drop from yesterday afternoon.

British Energy is leading the fall with a drop of 2.66% to 731.5p after news it may miss its full-year target for electricity output, while Scottish & Southern Energy is also trading lower, slipping 1.76% to 1,225p. BP has also slipped slightly, dropping 0.49% to 611.5p, after shareholders filed a lawsuit against its top executives, accusing them of letting down investors by failing to repair a pipeline that forced the closure of part of its Alaskan Prudhoe Bay oilfield. Elsewhere sugar and sweeteners group Tate & Lyle has been boosted by a target price upgrade from Citigroup, adding 1.6...

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

Darius McDermott: Old demographics, new innovations — so why isn't healthcare booming?

Darius McDermott: Old demographics, new innovations — so why isn't healthcare booming?

'The sector should be flying — but it isn't'

Darius McDermott
clock 08 May 2025 • 5 min read
Why China's journey to net zero demands investors' attention

Why China's journey to net zero demands investors' attention

China's journey towards net zero could yet prove more rapid than expected

Gabriel Sacks
clock 07 May 2025 • 4 min read
Morningstar CEO: Advisers and industry need 'shared language' around risk

Morningstar CEO: Advisers and industry need 'shared language' around risk

Kapoor points to UK regulation becoming more ‘goals focused’

Sahar Nazir
clock 07 May 2025 • 2 min read