US elections big in Japan

clock •

Stocks in the UK are trading down this morning with the FTSE 100 Index losing about 16 points to 4702.

The drop is led by Shire Pharmaceuticals, down 12.25p to 528.25p ahead of third quarter results due later today. Smith & Nephew, the medical devices company, is down 8p to 460.50p. 3i Group is down 8.50p to 587.50p. In Asia, Japanese stocks have risen after the settling of the US presidential election, providing optimism that the world's largest economy will sustain its growth. Bush's tax cuts are seen as encouraging consumer spending, increasing demand for items such as flat-screen televisions, digital cameras and cars - all made by Japanese companies. The Nikkei 225 Stock Average...

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

Advisers urged to rethink role of traditional diversification

Advisers urged to rethink role of traditional diversification

Milliman publishes whitepaper

Sophia Panayi
clock 29 September 2026 • 2 min read

Active ETFs, ESG and the retirement advice challenge

Sarasin & Partners portfolio manager Ben Gilbert joins PA in the studio

Isabel Baxter
clock 05 June 2026 • 1 min read
Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read