Pru stems earlier loss on FTSE

clock

UK stocks have recovered slightly from this morning, however, the benchmark FTSE 100 is trading down 38.80 points at 4616.40 points late this afternoon.

Prudential has stemmed the blood flow after losing 27p this morning. The insurer is down 30p to 392p. Old Mutual leads the afternoon fallers, losing £4.25 to 112.25. Sainsbury is also down 7p to 242p. Brewer, Scottish and Newcastle climbed steadily throughout the day, picking up 14.50p to 397.50p, with SAB Miller also up 5p to 762p. Earlier this afternoon, the Dow Jones Industrial Average index opened down 44.24 points to 9853.38 points in the US. Experiencing a see saw ride, Honeywell joins investment bank, JP Morgan Chase as early losers on the US benchmark, down $1.25 to $ 34.1...

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 need to think about emerging markets a little differently

Why investors need to think about emerging markets a little differently

'Emerging markets are starting to look eerily similar to developed'

James Flintoft
clock 29 October 2025 • 3 min read
Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Savers and advisers dealing with cash management quandary

Kate Toumazi
clock 14 October 2025 • 3 min read
Partner Insight: Finding the right partner for a managed portfolio service

Partner Insight: Finding the right partner for a managed portfolio service

Francis Clark Financial Planning set up a white-label managed portfolio service for their clients, but as the effects of COVID-19 played out and markets stagnated, they realised they needed a change. Managing Director Chris Reah explains how they found the right solution.

Chris Reah, Francis Clark Financial Planning
clock 13 October 2025 • 5 min read