Vodafone pushes FTSE past 6,600

clock

The best performance from Vodafone for five years has pushed the FTSE 100 back past the 6,600 mark to end the session up 36 points, or 0.55%, to 6,606.5.

Vodafone ended the day up 5.48% to 159.7p, as it reported organic growth of 4.3% and is predicting a better than expected group revenue of £33.3bn to £34.1bn for the current year. British Airways also performed well with a rise of 4.66% to 482.5p, closely followed by BSkyB which added 3.2% to 660.5p, while Mitchells & Butler climbed 3.18% to 892p, and Cadbury Schweppes advanced 2.99% to 723.5p. GlaxoSmithKline was the biggest loser with a fall of 2.1% to £13.06, following reports doctors in the US are not using its diabetes drug Avandia on suggestions it could increase the risk of hea...

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

Why higher bond yields aren't causing a Mini-Budget meltdown

Why higher bond yields aren't causing a Mini-Budget meltdown

'One thing we know about Rachel Reeves is she will live or die by her fiscal rules'

Laith Khalaf
clock 07 October 2025 • 5 min read
City 'has lost sympathy with this Labour government' - George Osborne

City 'has lost sympathy with this Labour government' - George Osborne

Former chancellor defends the OBR

Michael Nelson
clock 01 October 2025 • 3 min read
Labour remains 'unequivocal in our commitment to economic responsibility' - Chancellor

Labour remains 'unequivocal in our commitment to economic responsibility' - Chancellor

Rachel Reeves was speaking at the Labour Party conference

Linus Uhlig
clock 29 September 2025 • 3 min read