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

Technology and emerging markets top performing sectors in May

Technology and emerging markets top performing sectors in May

FE Analytics data shows

clock 01 June 2026 • 1 min read
Rathbones brings together responsible investment in Centre of Excellence

Rathbones brings together responsible investment in Centre of Excellence

Combines ethical and sustainable research capabilities

Patrick Brusnahan
clock 29 May 2026 • 1 min read
Why active management matters more for income investors

Why active management matters more for income investors

Significant implications for advisers and investors relying on passive income strategies

Rory Sandilands
clock 29 May 2026 • 4 min read