FTSE energised by Scottish Power

clock

The FTSE 100 index of leading shares has gained 5.1 points, or 0.1% to 5331.90, so far in morning trading.

Scottish Power, the UK's fifth-largest energy provider, leads gains this morning rising 21p to 546p as Eon AG, the German power company which owns Britain's Powergen, is said to have hired Lazard to advise on a potential takeover of Scottish Power. BHP, the world's biggest mining company, has slipped 11.5p to 829.5p this morning, after analysts reduced the rating in shares of the company to “hold” from “buy”, citing weakening growth in demand for commodities. Aegis Group has risen 2.5p to 119p, following its purchase of Market Equity, an Australian research agency, for an initial £6.6...

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

IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read
Stock pickers call for caution over rapid return to US equities

Stock pickers call for caution over rapid return to US equities

Quilter's WealthSelect boosts fixed income and reduces equity exposure

Linus Uhlig
clock 01 July 2025 • 1 min read