Carnival ships FTSE higher

clock

The FTSE 100 has ended the day up 30.5 points, or 0.52%, to 5,896.7, with cruise operator Carnival posting one of the biggest gains.

Financial firm Northern Rock performed well with gains of 3.68% to £12.13, while ICAP climbed 4.13% to 523p, and Reuters jumped 3.87% to 429.75p, although the biggest gains were saved for Morrison. The supermarket climbed 7.71% to 251.5p, after it announced a return to profit for the full year, as expected, and said it is on track with its targeted profit improvements, while Carnival also gained 5.55% to £24.53. On the downside gains were limited by International Power which slipped 2.78% to 305.75p, closely followed by Drax Group which dropped 2.04% to 818p, and Lonmin fell 1.27% to £2...

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

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
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