FTSE gets an energy boost

clock •

The FTSE 100 Index has added 17.2 points, or 0.3%, to 5669.5 points, led by energy stocks.

BP has added 0.7% to 617p and Royal Dutch Shell has gained 0.4% to 1,753p. Oil rose for a sixth day in New York on concern the US may have trouble meeting summer demand for gasoline as shipments to two refineries were disrupted. EMI has surged 9.6% to 311p, the biggest gain in seven months, after it rejected a £2.53bn offer from Warner Music Group, saying the bid was too low. HSBC has added 0.7% to 943.5p, while Barclays has advanced 0.9% to 595.5p. Limiting gains, BHP Billiton has declined 1.4% to 977p and Anglo American Plc has lost 0.4% to 2,086p. Copper prices have droppe...

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

Budget 26: Stamp Duty on shares to be swapped for Securities Transfer Tax

Budget 26: Stamp Duty on shares to be swapped for Securities Transfer Tax

By late 2027

Patrick Brusnahan
clock 28 October 2026 • 1 min read
Investment tax relief rises by smallest amount in four years amid recent Budget measures

Investment tax relief rises by smallest amount in four years amid recent Budget measures

Bowmore Financial Planning research

Jack Roach
clock 28 October 2026 • 2 min read
Defaqto to launch rating for newer funds and portfolios

Defaqto to launch rating for newer funds and portfolios

Combines Defaqto and RSMR expertise

Jen Frost
clock 27 October 2026 • 2 min read