FTSE rises as lower oil prices boost travel group

clock

The FTSE rose 27.5 points, or 0.45%, to 6078.2 this morning as lower oil prices boosted travel group FirstGroup .

The bus and rail travel company rose 21.5 points, or 4.07%, to 549.5. Inter-broker dealer ICAP followed with a rise of 22 points, or 3.85%, to 594 after partnering with Korea Money Brokerage to develop electronic spot foreign exchange trading in Korea. Advertising and marketing services group WPP fell 32.5 points, or 5.16%, to 597.5 after reporting slow growth in March while Antofagasta fell 27.5 points, or 3.4%, to 781. The Dow Jones rose 85.73 points, or 0.67%, to 12848.95 yesterday afternoon as American International Group led gains. The insurer rose 3.11 points, or 7.09%, to 46.97 a...

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 Economics / Markets

Five years on from Covid: What's next for markets?

Five years on from Covid: What's next for markets?

It is now five years since the start of the UK’s Covid lockdown. Since then, we have seen considerable market and geopolitical-related change. Here, William Marshall looks back over the past five years and also explores what we might expect from markets...

William Marshall
clock 06 May 2025 • 4 min read
Gilt yields fall after Donald Trump backs down in 'tariff war'

Gilt yields fall after Donald Trump backs down in 'tariff war'

US president pauses most additional tariffs

Jonathan Stapleton
clock 10 April 2025 • 2 min read
Reeves defends yearly Budget to avoid 'constant chopping and changing'

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Treasury Committee scrutinises chancellor on Spring Statement

Isabel Baxter
clock 02 April 2025 • 3 min read