Interest rate fears limit FTSE

clock

The FTSE 100 has ended the session down 31.3 points, or 0.47%, to 6,632.8, as a poor start to Wall Street and interest rate fears wiped out early gains.

Intercontinental Hotels was the biggest loser with a fall of 3.04% to £13.70, closely followed by Enterprise Inns which slipped 2.44% to 720.5p, while Persimmon dropped 2.58% to £13.19. Next also fell 2.32% to £21.94, while Kingfisher slipped 2.20% to 245p, although losses were limited by mining firm BHP Billiton which added 1.57% to 648p. However, United Utilities posted the biggest gains with a rise of 3.04% to 796p, closely followed by Detica Group which added 1.38% to 385.25p, while Johnson Matthey climbed 1.94% to £16.82, and Drax advanced 1.35% to 786.5p. In the US, the Dow J...

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

Inflation falls faster than predicted ahead of BoE interest rate vote

Inflation falls faster than predicted ahead of BoE interest rate vote

3.2% in November

Michael Nelson
clock 17 December 2025 • 2 min read
FCA's Rathi addresses Autumn Budget market abuse concerns

FCA's Rathi addresses Autumn Budget market abuse concerns

Pens open letter to Treasury Committee

Isabel Baxter
clock 04 December 2025 • 2 min read
More tax, less shelter: A slow-burn Budget for savers and investors

More tax, less shelter: A slow-burn Budget for savers and investors

'The Budget documents make for sobering reading for those trying to build up their wealth'

Laith Khalaf
clock 04 December 2025 • 3 min read