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