FTSE down despite strong energy and miners

clock

An early slide on Wall Street sent the FTSE 100 index into the red this afternoon, it fell 6.30 points (0.11%) to 5983.90.

Ex-dividend period factors hit the Admiral Group; it fell 4.59% to 759.50. Standard Life was punished on a poor day for insurers, the Edinburgh-based firm closed the session 4.43% lower to 253.25. Compatriot Old Mutual also fell sharply, down 4.04% to 121. Cairn Energy and the BG Group did well on a top day for the energy sector, 4.48% to 2960 and 3.34% to 1236 higher respectively. Miners also enjoyed a top day at the office; Vedanta was 2.78% up to 2332, BHP Billiton climbed 2.38% to 1804 and Anglo American jumped 2.31% to 3370. In New York, the Dow Jones IA is sliding this mornin...

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

BoE's Alan Taylor: Extended interest rate hold an 'appropriately measured policy response'

BoE's Alan Taylor: Extended interest rate hold an 'appropriately measured policy response'

Geopolitics in the driving seat

Michael Nelson
clock 25 June 2026 • 2 min read
Advisers highlight uncertain political and fiscal future after Starmer resignation

Advisers highlight uncertain political and fiscal future after Starmer resignation

Prime minister’s exit places chancellor Rachel Reeves’ position ‘inevitably’ under scrutiny

Isabel Baxter
clock 22 June 2026 • 5 min read
Bank of England warns of future rate uncertainty after vote to hold at 3.75%

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock 30 April 2026 • 2 min read