Wall St surge sends FTSE higher

clock

The FTSE 100 Index added 96.30 points, or 1.7%, to 5,778 points today, driven by a surge on Wall Street.

Sugar giant Tate & Lyle rose 2.86% to 647p after it said it had made a strong start to the year with first quarter results "well ahead" of the same period the year before. Rio Tinto advanced 4.67% to 2,780p after announcing a record share of iron ore production for the last quarter as its Australian operations recovered. Lonmin rose 4.98% to 2,805p, BHP Billiton gained 4.10% to 1,041p and Anglo American advanced 4.69% to 2,187p. Inter dealer broker ICAP was up 4.29% to 479.75p after it said that while the stock market may have suffered in recent months, the volatility has been a boom ...

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

Partner Insight: Debt, deficits, and market resilience: Is your portfolio prepared?

Partner Insight: Debt, deficits, and market resilience: Is your portfolio prepared?

The world is awash in debt. In the US, government borrowing has surged past 100% of GDP, and the fiscal deficit is at a level typically seen in wartime. Other major economies are in similar situations. So, what does this deluge of debt mean for markets?

Orbis Investments
clock 22 May 2025 • 5 min read
Evelyn Partners launches Index MPS range into IFA market

Evelyn Partners launches Index MPS range into IFA market

Five risk-rated portfolios to help cost-conscious investors

Jenna Brown
clock 20 May 2025 • 1 min read
Three Invesco funds fail to deliver value to investors

Three Invesco funds fail to deliver value to investors

Manager's annual assessment found some poor performance

clock 14 May 2025 • 2 min read