Miners give FTSE a boost

clock

The FTSE 100 is up 7 points, or 0.11%, 6,191.8, as lower oil prices and in-favour finance stocks are boosting buyers.

Miner Rio Tinto is posting the biggest gains so far with a rise of 1.68% to £29.06, after it announced it is increasing its buyback programme to $7bn from $4bn for 2006 and 2007. Man Group is also up 1.61% to 489.75p, closely followed by cruise operator Carnival which has climbed 1.48% to £26.03, while Vodafone has added 1.32% to 134.5p and miner Lonmin has gained 1.29% to £29.05. On the downside WPP is the biggest drag on the index with a drop of 3.77% to 663p, closely followed by GlaxoSmithKline which has slipped 2.21% to £14.19, while AstraZeneca has fallen 1.13% to £32.25. In Japa...

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

Why investors should be getting revved up about Vietnam

Why investors should be getting revved up about Vietnam

From conflict to confidence

Gabriel Sacks
clock 04 September 2025 • 4 min read
Robeco issues investment advice scam warning as fraudsters pose as employees

Robeco issues investment advice scam warning as fraudsters pose as employees

Name and logo used in fraudulent activities

Jenna Brown
clock 02 September 2025 • 1 min read
Laith Khalaf: Trump makes (some) active funds great again

Laith Khalaf: Trump makes (some) active funds great again

42% of active managers have outperformed a passive alternative so far in 2025

Laith Khalaf
clock 02 September 2025 • 3 min read