ITV news pulls FTSE lower

clock

In early trading the FTSE 100 has slipped 29.5 points, or 0.48%, to 6,162.5, with broadcaster ITV one of the biggest losers so far.

The terrestrial TV channel has slipped 1.3% to 114.25p, on news BSkyB has bought a 17.9% stake in the company raising fears it could stop a proposed £5bn takeover by NTL. Amvescap is also off to a poor start with a drop of 1.51% to 589p, closely followed by Yell Group which has slipped 1.3% to 570p, while BSkyB has also dropped 1.21% to 530.5p. Home Retail is posting the biggest gains so far with a rise of 2.28% to 426p, closely followed by miner Antofagasta which has climbed 2.02% to 467p, while insurer Legal & General has climbed 0.83% to 151.25p. In Japan the Nikkei 225 Stock Avera...

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

Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read
Watch Professional Adviser's Working Lunch with Baillie Gifford - A compelling opportunity: The UK is on offer

Watch Professional Adviser's Working Lunch with Baillie Gifford - A compelling opportunity: The UK is on offer

Catch up on the discussion

Professional Adviser
clock 29 July 2025 • 1 min read
Advisers look to capital accumulation in Q2 2025

Advisers look to capital accumulation in Q2 2025

Interest in inflation protection nudges up

Jen Frost
clock 18 July 2025 • 3 min read