Energy sector buoys FTSE after Dow soars

clock

The FTSE 100 advanced in early trading on Wednesday thanks to a positive start in the energy sector.

Energy giants International Power and National Grid have each added almost 1.7%, taking them to 225p and 543p respectively, while Cairn Energy climbed 1.64% to £21.65 and Royal Dutch Shell added 1.5% to £15.56. Hedge fund Man Group is the morning's biggest winner however, adding 1.86% to 205p. London's blue chip index climbed by more than 18 points, or 0.48%, shortly before 9.30am. Early drags on the index include Aviva, which has dropped 13.11% to 232p, and technology provider Smiths Group, which has fallen 8.64% to 750.5p despite posting a £135.2m pre-tax profit. The US Treasury's $...

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

'It's the details that matter': Why UK smaller companies demand a closer look

'It's the details that matter': Why UK smaller companies demand a closer look

'It is like a finger pointing away to the Moon'

Eustace Santa Barbara
clock 03 October 2025 • 4 min read
Robo-advisers 'relegated to the history books' as JP Morgan drops Nutmeg brand

Robo-advisers 'relegated to the history books' as JP Morgan drops Nutmeg brand

To launch JP Morgan Personal Investing

Jen Frost
clock 01 October 2025 • 2 min read
Eight funds fail 2025 value assessment at St James's Place

Eight funds fail 2025 value assessment at St James's Place

In total 18 funds were red-flagged for underperformance

Cristian Angeloni
clock 29 September 2025 • 2 min read