The FTSE 100 closed up 23.30 points today to 4,517.40 after UK stocks advanced, led by ITV and Prudential.
ITV shares rose 3.5p to 118p. Prudential, which owns 79% of Egg, rose 11.5p to 474.5p. The Sunday Telegraph speculated Pru may get a bid worth more than £1.4bn for the internet bank from Capital One Financial Corp. Egg jumped 1.75p to 161p. British Airways added 3p to 269.25p after oil prices fell for a second day. The airline says some 11% of its expenses are fuel costs. ICI, a chemicals maker, rose 6p to 234.5p. Antofagasta, a miner, jumped 18p to 971.5p. Honeycombe Leisure gained 1 penny to 70.5p after the pub owner reported its full-year net loss narrowed to £86,000 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