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

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Savers and advisers dealing with cash management quandary

Kate Toumazi
clock 14 October 2025 • 3 min read
Partner Insight: Finding the right partner for a managed portfolio service

Partner Insight: Finding the right partner for a managed portfolio service

Francis Clark Financial Planning set up a white-label managed portfolio service for their clients, but as the effects of COVID-19 played out and markets stagnated, they realised they needed a change. Managing Director Chris Reah explains how they found the right solution.

Chris Reah, Francis Clark Financial Planning
clock 13 October 2025 • 5 min read
Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Catch up on the discussion

Professional Adviser
clock 10 October 2025 • 1 min read