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

SEI to launch two LTAFs in private markets 'expansion'

SEI to launch two LTAFs in private markets 'expansion'

‘Mansion House ambition’

Cristian Angeloni
clock 03 July 2026 • 1 min read
Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read
Fahad Hassan: Progress on many fronts

Fahad Hassan: Progress on many fronts

'Financial markets are increasingly pricing in a more benign inflation environment ahead'

Fahad Hassan
clock 01 July 2026 • 5 min read