Energy stocks limit FTSE gains

clock

The FTSE 100 has ended the day up 11.9 points, or 0.19%, to 6,239.9, as early gains were tempered by weak energy and mining stocks.

British Airways climbed 2.75% to 542p on news the proposed strikes have been cancelled, although British American Tobacco posted the biggest gains with a rise of 2.83% to £15.60. Smiths Group ended up 2.71% to £10.80, closely followed by Yell Group which gained 1.5% to 608p, while Rolls-Royce Group added 1.4% to 471.5p, although gains were limited by Tate & Lyle which slipped 2.1% to 582.5p. Power company Drax was the biggest drag on the index with a fall of 3.43% to 675.5p, while miner Kazakhmys slipped 2.42% to £10.50, Cairn Energy dropped 1.65% to £16.72 and ICAP fell 1.49% to 494....

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

Protecting portfolios during heightened inflation risk

Protecting portfolios during heightened inflation risk

'This is a year for careful, defensive positioning'

Fahad Hassan
clock 30 March 2026 • 3 min read
Wealth Club launches UK's first private markets SIPP

Wealth Club launches UK's first private markets SIPP

45% income tax relief

Patrick Brusnahan
clock 24 March 2026 • 1 min read
Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

'More often, it's the quieter disciplines that matter most'

Phillip Young
clock 23 March 2026 • 3 min read