FTSE losses limited to 55 points

clock

The FTSE 100 has ended the session down 55.5 points, or 0.9%, to 6,116, after strong manufacturing data in the US helped rally the index.

In total the FTSE has lost 4.4% in three days, although positive results news from Royal Bank of Scotland, which climbed 2.99% to £20.69, helped the index claw back earlier losses of almost 2%. Sainsburys also performed well with a rise of 2.2% to 522.5p, closely followed by British American Tobacco which added 1.55% to £15.73, while DSG International climbed 1.46% to 173.5p, and Wolseley advanced 1.17% to £12.94. However Aviva continued to be the biggest drag on the index with a fall of 4.65% to 780p, closely followed by Prudential which fell 2.23% to 658.5p, while Standard Chartered b...

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

UK inflation rises to 3.8% in July

UK inflation rises to 3.8% in July

Core CPI also up to 3.8%

Sorin Dojan
clock 20 August 2025 • 2 min read
Bank of England meets expectations and cuts rates to 4%

Bank of England meets expectations and cuts rates to 4%

Lowest level in two and a half years

Isabel Baxter
clock 07 August 2025 • 4 min read
Think tank warns UK fiscal hole could surpass £50bn by 2030

Think tank warns UK fiscal hole could surpass £50bn by 2030

Government not on track to meet ‘stability rule’

Sorin Dojan
clock 06 August 2025 • 1 min read