Bid speculation leaves FTSE just below 6,000

clock

The FTSE 100 has ended the day up finished up 41.2 points, or 0.69%, to 5,971.3, following bid speculation about Brambles Industries and Hanson.

However Royal & Sun Alliance posted the biggest gains with a rise of 4.33% to 150.75p, as the market seemed to welcome the news it is exiting its US operations, despite taking a hefty loss on the disposal through a management buyout. Pallet maker Brambles Industries ended the day with the second biggest gains of 4.27% to 488p, while Hanson is up 3.47% to 746p, following bid speculation on the two companies. Partygaming also performed well with a rise of 4.19% to 105.75, while BG Group climbed 2.56% to 660p, although gains were limited by Reuters which slipped 2.71% to 431p for the bigge...

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

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
Watch Professional Adviser's Working Lunch with Baillie Gifford - A compelling opportunity: The UK is on offer

Watch Professional Adviser's Working Lunch with Baillie Gifford - A compelling opportunity: The UK is on offer

Catch up on the discussion

Professional Adviser
clock 29 July 2025 • 1 min read
Advisers look to capital accumulation in Q2 2025

Advisers look to capital accumulation in Q2 2025

Interest in inflation protection nudges up

Jen Frost
clock 18 July 2025 • 3 min read