Centrica gives FTSE opening boost

clock

The FTSE 100 has recovered from a poor performance yesterday in early trading, with gains of 20.8 points, or 0.35% to 5,926.5, headed by Centrica leading the rally.

Mining stocks are also performing well with Xstrata up 1.7% to £23.98, although Centrica is currently the top performer with gains of 2.29% to 301.75p, closely followed by Capita group which has added 1.92% to 557.5p. Steelmaker Corus is also having a better end to the week, with gains of 1.85% to 399.5p, while Drax is off to a good start with an increase of 1.83% to 916.5p, while BHP Billiton is up 1.5% to £10.16. However on the downside Cadburys Schweppes is the biggest drag on the index with a drop of 0.45% to 556.5p, closely followed by Reed Elsevier which is down 0.44% to 561p, an...

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

Four reasons why direct engagement can still make a difference

Four reasons why direct engagement can still make a difference

'Quantitative data arguably tells only half the story'

Simon Wood
clock 05 March 2026 • 4 min read
Darius McDermott: Is income under pressure?

Darius McDermott: Is income under pressure?

‘The period of abundant income is ebbing'

Darius McDermott
clock 04 March 2026 • 5 min read
Investors told 'hold your nerve' as Iran strikes drive volatility

Investors told 'hold your nerve' as Iran strikes drive volatility

Ongoing conflict impact

Linus Uhlig
clock 02 March 2026 • 3 min read