UK-listed shares are struggling to hold their ground on the FTSE 100 index this morning, despite strong gains for Aviva on the back of its new business figures.
The FTSE 100 is down 25.5 points, or 0.39%, to 6,454.2, led by Yell which has fallen 19.51% to 493p, over concerns about its US business after it warned revenue growth would only be around 3% instead of the forecast 6-8% because of ‘intense competition’. Insurer Aviva is up share rise of 14.5p or 1.87% to 790p, after the company reported new business rose to £7.75bn from £6.79bn, while its first-quarter life and pension sales rose 14%, helped by its purchase of AmerUs Group in the US. Barclays is down 2.11% to 717.5p, closely followed by WPP which has slipped 1.95% to 752.5p, while Astra...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
